Debt Bondage

Debt bondage (or bonded labour) is when a person pledges him or herself against a loan. In debt bondage, the services required to repay the debt may be undefined, and the services' duration may be undefined. Debt bondage can be passed on from generation to generation.

In modern times, debt bondage is most prevalent in South Asia.

Read more about Debt BondageLegal Definition, Modern Views

Other articles related to "debt bondage, debt, debts":

Human Trafficking - Overview and Differentiation
... Sometimes the arrangement is structured as debt bondage, with the victim not being permitted or able to pay off the debt ... Bonded labor, or debt bondage, is probably the least known form of labor trafficking today, and yet it is the most widely used method of enslaving people ... the victims’ services as reasonably assessed is not applied toward the liquidation of the debt ...
Human Trafficking In Indonesia
... posed by conditions of forced labor and debt bondage in more developed Asian countries and the Middle East ... forced into prostitution in Japan, through the unlawful exploitation of recruitment debts as high as $20,000 each ... and domestic service sectors are subjected to conditions of forced labor or debt bondage in Malaysia, Japan, Saudi Arabia, Iraq, Singapore, Taiwan, Hong Kong ...
Debt Bondage - Modern Views
... bonded labor under which the debtor provides another human being as security or collateral for the debt ... Until the debt (including interest on it) is paid off, the creditor has the use of the labor of the pawn ... Debt bondage has been defined by the United Nations as a form of "modern day slavery" and is prohibited by international law ...
Labour In India - Unorganized Labor Issues - Debt Bondage
... Further information Debt bondage in India Bonded labor is a forced labor relationship between an employer and an employee, where the compulsion is ... The major employment sectors for debt bonded labor include agriculture, stone quarries, brick kilns, religious and temple workmen, pottery, rural weaving, fishing, forestry, betel ... Child labor has been found in family debt bonded situations ...
Human Trafficking In The Philippines - Debt Bondage
... Debt bondage is a criminal offence under the R.A ... Anti-Trafficking in Persons Act of 2003 According to Human Rights Watch, the practice of "debt bondage" among sexual traffickers is routine, and women ...

Famous quotes containing the words bondage and/or debt:

    Marriage is the only actual bondage known to our law. There remain no legal slaves, except the mistress of every house.
    John Stuart Mill (1806–1873)

    Man’s pity for himself, or for his son,
    Always premising that said son at college
    Has not contracted much more debt than knowledge.
    George Gordon Noel Byron (1788–1824)