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Finance Dictionary and Glossary of Investment Terms
Trust deed
Definition 1.
A trust deed is a legal document that specifies among other things the collateral for a loan, and it gives a lender the right to seize and sell the collateral if the borrower fails to repay. For a home loan, the collateral is the home itself.
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Definition 2.
Agreement between trustee and borrower setting out terms of a bond.
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