trust deed

noun
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.


Origin:
1745–55

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To trust deed
Collins
World English Dictionary
trust deed
 
n
a document that transfers the legal title to property to a trustee

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Example sentences
Most commonly used upon payment in full of a trust deed.
The defendant broker proceeded to prepare a trust deed, and later a mortgage.
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT

;