trust deed

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

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noun
: a deed conveying property in trust and often used as a mortgage to secure an obligation

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a written instrument legally conveying property to a trustee, such as a bank, often for the purpose of securing a mortgage or promissory note. Also called deed of trust.
[1745-55]

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trust deed noun
A deed conveying property to a trustee
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Main Entry:trust

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trust deed,
a deed to property, held in trust to secure payment of a debt. It is in the nature of a mortgage.

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n. Law a deed of conveyance creating and setting out the conditions of a trust

Useful english dictionary. 2012.

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  • 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

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  • 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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