What is the correct definition of an indentured servant?

An indentured servant was a person who signed a contract (indenture) to work for a set period of time in exchange for passage to a new country, food, clothing, and shelter. The practice was common in the American colonies during the 17th and 18th centuries.Indentured servants were not considered slaves, but they were often exploited and had limited rights and freedoms during their period of service.