Trust deed: Difference between revisions
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imported>Doug Williamson m (Added 'Deed' to see also 5/2/14) |
imported>Doug Williamson (Added additional definition. source: https://www.dasscotland.gov.uk/about/different-ways-deal-debt/what-trust-deed) |
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A similar legal document in a bond issue. Also known as the Bond indenture. | A similar legal document in a bond issue. Also known as the Bond indenture. | ||
3. | |||
In Scotland, a formal, legally binding document that transfers part or all of a debtors assets to a trustee to manage for the benefit of the creditors. This is a private arrangement between a debtor and creditors. | |||
Revision as of 09:19, 31 March 2016
1.
Law and pensions.
A legal document, drawn up in the form of a deed, which establishes or regulates a trust.
In relation to pensions, trust deeds constituting pension trusts can vary very widely in their form and content.
2.
A similar legal document in a bond issue. Also known as the Bond indenture.
3.
In Scotland, a formal, legally binding document that transfers part or all of a debtors assets to a trustee to manage for the benefit of the creditors. This is a private arrangement between a debtor and creditors.
