debt bondage

debt bondage
A condition similar to slavery where human beings are unable to control their lives or their work due to unpaid debts.

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  • debt bondage — noun A system (often amounting to virtual slavery) whereby a person is obliged to work for a moneylender in an attempt to pay off debt • • • Main Entry: ↑debt …   Useful english dictionary

  • Debt bondage — Part of a series on Slavery Contemporary slavery …   Wikipedia

  • debt bondage — See patron client relationship …   Dictionary of sociology

  • Debt relief — is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and… …   Wikipedia

  • Bondage in Pakistan — Bondage ( ur. بیگار) is widespread in rural areas of Pakistan.Fact|date=May 2008 The feudal landlords and tribal leaders keep peasants ( ur. ہاری) in bondage and have also created private prisons . In many cases the bonded people are in debt… …   Wikipedia

  • Bondage — may refer to:*Debt bondage, a modern form of slavery in which people are bound by debt, rather than legal ownership *Bondage (BDSM), the practice of tying people up for pleasure *Self bondage, the practice of tying oneself up just for fun or for… …   Wikipedia

  • Debt restructuring — is a process that allows a private or public company – or a sovereign entity – facing cash flow problems and financial distress, to reduce and renegotiate its delinquent debts in order to improve or restore liquidity and rehabilitate so that it… …   Wikipedia

  • Debt evasion — is the intentional act of trying to avoid attempts by creditors to collect or pursue one s debt. At an elementary level, this includes the refusal to answer one s phone by screening one s calls or by ignoring mailed notices informing the debtor… …   Wikipedia

  • Debt — For other uses, see Debt (disambiguation). Personal finance Credit and debt Pawnbroker Student loan Employment contract …   Wikipedia

  • Debt levels and flows — Public debt as a percent of GDP (2010) …   Wikipedia

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