World English Dictionary
peonage or peonism (ˈpiːənɪdʒ, ˈpiːəˌnɪzəm)
1.  the state of being a peon
2.  a system in which a debtor must work for his creditor until the debt is paid off
peonism or peonism

Collins English Dictionary - Complete & Unabridged 10th Edition
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