Trust deed

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Revision as of 09:19, 31 March 2016 by imported>Doug Williamson (Added additional definition. source: https://www.dasscotland.gov.uk/about/different-ways-deal-debt/what-trust-deed)
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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