Define bonded labor system
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Peonage, also known as debt slavery or bonded labour, is the pledge of a person's services as security for the repayment for a debt or other obligation, where the terms of the repayment are not clearly or reasonably stated, and the person who is holding the debt thus has some control over the laborer.
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Also known as debt bondage or debt slavery, it is the most common form of modern slavery. Despite this, it's the least known. Debt bondage occurs when a person is forced to work to pay off a debt. ... Bonded labour is most widespread in South Asian countries such as India and Pakistan.
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