a document that transfers the legal title to property to a trustee
trust deed in American English
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
Word origin
[1745–55]This word is first recorded in the period 1745–55. Other words that entered Englishat around the same time include: coda, development, personification, recapture, symmetrical
Examples of 'trust deed' in a sentence
trust deed
Check the scheme's website, the members' booklet and the trust deed and rules.
Times, Sunday Times (2013)
Drafting a trust deed can cost 1,000, but there set-up costs.
Times, Sunday Times (2007)
Understanding the trust paperwork, particularly the trust deed, is more complicated than opening an account for an individual or a couple.
Times, Sunday Times (2013)
The trust deed allows the managers to invest in any asset class anywhere in the world.
Times, Sunday Times (2018)
These started with reading the trust deed, which was perfectly explicit about who should have been paying the fund's running costs.
Times, Sunday Times (2016)
This would be based on your entire pension and potentially include annual up-ratings where they are written into the trust deed.
Times, Sunday Times (2012)
The trust deed would be drawn up to give the trustees clear instructions as to where the benefits should go.
Times, Sunday Times (2007)
Subject to the trust deed, the trustees could buy a share of that home with the proceeds of selling the second house.
Times, Sunday Times (2013)
A trust deed would cover the terms of purchase, funding, who would make the mortgage payments and when it would be repaid.
Times, Sunday Times (2012)
You can also write the trust deed so that the trustees can distribute money earlier — for example, to meet school fees.