Trust deed: Difference between revisions
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imported>Doug Williamson (Added additional definition. source: https://www.dasscotland.gov.uk/about/different-ways-deal-debt/what-trust-deed) |
imported>Doug Williamson (Layout.) |
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2. | 2. | ||
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. | 3. | ||
In Scotland, a formal, legally binding document that transfers part or all of a | In Scotland, a formal, legally binding document that transfers part or all of a debtor's 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 10:56, 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 debtor's assets to a trustee, to manage for the benefit of the creditors.
This is a private arrangement between a debtor and creditors.
