ˈpēənij noun
( -s )
1. : the condition of a peon
2.
a. : the use of peon labor ; especially : the use of laborers bound in servitude because of debt or a penal sentence
b. : the system of convict labor by which convicts are leased to contractors in parts of the southeastern United States
3.
a. : compulsory or involuntary servitude in working out indebtedness to a master
b. : a scheme effecting coercion for such servitude