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Trust Deed

Description:

A trust deed is a legal document that outlines the terms and conditions of a loan between a borrower and a lender. It involves three parties: the borrower, the lender, and a neutral third party known as the trustee.

Senses & Usage:

Sense 1:

Noun: A legal document used in real estate transactions to secure a loan.

Sample Sentence: In order to purchase the house, the buyer signed a trust deed with the bank.

Sense 2:

Noun: A debt instrument that represents an individual's ownership in a trust.

Sample Sentence: The investment portfolio included various financial assets, such as stocks, bonds, and trust deeds.

Sense 3:

Verb: To transfer property or assets to a trustee for the benefit of a beneficiary.

Sample Sentence: The parents decided to trust deed their family home to their children to ensure their financial security.

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