Debt bondage

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Debt Bondage

Debt bondage (pronunciation: /dɛt ˈbɒndɪdʒ/), also known as debt slavery or bonded labor, is a form of modern slavery where a person's pledge of their labor or services as security for the repayment for a debt or other obligation is exploited.

Etymology

The term "debt bondage" comes from the English words "debt", which means a sum of money that is owed or due, and "bondage", which refers to the state of being a slave. The term is used to describe a situation where a person is forced to work to pay off a debt and is unable to leave until the debt is paid.

Definition

Debt bondage is a form of forced labor where a person is forced to work to pay off a debt. The person is often tricked or trapped into working for very little or no pay, with no control over their debt. Most or all of the money they earn goes to pay off their debt, and it can be very difficult for them to escape.

Related Terms

  • Human Trafficking: The illegal trade of humans for the purposes of forced labor, sexual slavery, or commercial sexual exploitation.
  • Forced Labor: A situation in which victims are forced to work against their own will, under the threat of violence or some other form of punishment.
  • Modern Slavery: A term used to refer to contemporary forms of slavery, which includes forced labor, debt bondage, and human trafficking.

See Also

External links

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