trust deed

trust deed
deed of trust/ Sometimes called a trust deed
A three-party document conveying interest in property, almost always real estate, to a trustee. In many states, deeds of trust are used instead of mortgages. In those states, the trustee holds the deed in favor of the lender and then reconveys the title to the borrower when the loan is paid in full. American Banker Glossary
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Agreement between trustee and borrower setting out terms of a bond. Bloomberg Financial Dictionary

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trust deed trust deed deed

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trust deed UK US noun [C] (also declaration of trust, also trust instrument) LAW
a legal document that creates a trust, giving a person or organization the right to manage money or property for someone else, and says how this should be done: »

The trust deed stated clearly what they were entitled to do with the property.

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The pension scheme is governed by a trust deed and a set of rules.


Financial and business terms. 2012.

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Look at other dictionaries:

  • trust deed — see deed Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. trust deed …   Law dictionary

  • Trust deed — Trust Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr[ o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf. {Tryst}.] 1. Assured resting of the mind on… …   The Collaborative International Dictionary of English

  • Trust deed — Deed of trust may refer to: Trust deed (real estate) Trust instrument, a legal instrument in common law systems Trust Deed (Protected), used in Scottish law Deed of Trust (album), music album This disambiguation page lists articles associated… …   Wikipedia

  • trust deed — noun a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note • Syn: ↑deed of trust • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑legal document, ↑legal instrument, ↑ …   Useful english dictionary

  • Trust deed — Agreement between trustee and borrower setting out terms of bond. The New York Times Financial Glossary * * * trust deed trust deed ➔ deed * * * trust deed UK US noun [C] (also declaration of trust, also trust instrument) LAW …   Financial and business terms

  • Trust Deed — 1. A formal document which outlines the terms of a trust agreement. 2. A common way to structure real estate purchases, where the title to a property is held in trust until the loan for the property is paid. 1. A trust deed is often used when… …   Investment dictionary

  • trust deed — The document creating and setting out the terms of a trust. It will usually contain the names of the trustees, the identity of the beneficiaries, and the nature of the trust property, as well as the powers and duties of the trustees. Trusts of… …   Accounting dictionary

  • trust deed — The document creating and setting out the terms of a trust It will usually contain the names of the trustees, the identity of the beneficiaries, and the nature of the trust property, as well as the powers and duties of the trustees. Trusts of… …   Big dictionary of business and management

  • trust deed — /ˈtrʌst did/ (say trust deed) noun the legal document which appoints trustees and defines their power …  

  • Trust deed of Brahmo Sabha — The modern religious philosophy of Brahmoism is based in part on the foundations of reformer Raja Ram Mohan Roy s humanitarian philosophy, as exemplified by the Trust Deed of Brahmo Sabha, known to Brahmos as the 1830 Brahmo Trust Deed . Brief… …   Wikipedia

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