Bondholder and Trust deed: Difference between pages

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imported>Doug Williamson
(Create page. Sources: Linked pages.)
 
imported>Doug Williamson
(Added additional definition. source: https://www.dasscotland.gov.uk/about/different-ways-deal-debt/what-trust-deed)
 
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''Debt - securities - bonds.''
1.  


A bondholder is the current owner of a bond.
''Law and pensions''.
A legal document, drawn up in the form of a deed, which establishes or regulates a trust.


Analogous to a shareholder in the case of shares.
In relation to pensions, trust deeds  constituting pension trusts can vary very widely in their form and content.




:<span style="color:#4B0082">'''''Benefits of appointing bond trustees'''''</span>
2.


:"The issuer may appoint a trustee to represent the interests of the bondholders.  
A similar legal document in a bond issue.  Also known as the Bond indenture.


:A Trust Deed will set out the powers and duties of the trustee, which is likely to be a professional company... The advantages for the issuer are:


:*The issuer only needs to deal with one entity rather than the potentially many bondholders; and
3.
:*The trustee usually has power to waive defaults if not material and agree minor amendments to the bond terms without consulting each and every bondholder, thus leading to greater flexibility and speed."


:''An introduction to debt securities - the Treasurer's Handbook''
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.




==See also==
== See also ==
*[[An introduction to debt securities]]
* [[Bond indenture]]
*[[Bond]]
* [[Scheme rules]]
*[[Default]]
* [[Trust]]
*[[Material]]
* [[Deed]]
*[[Security]]
*[[Shareholder]]
*[[Solicitation]]
*[[Trust deed]]
*[[Trustee]]
*[[Waiver]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

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.


See also

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