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deed of trust

   Also found in: Legal, Financial, Acronyms, Wikipedia 0.03 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.deed of trustdeed of trust - a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note
legal document, legal instrument, official document, instrument - (law) a document that states some contractual relationship or grants some right
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"


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Under the plan, the city and S & Y Capital Group, a subsidiary of the underwriter of the Trade and Commerce Center bonds, would jointly pay $1 million to a partnership called the Antelope Valley Project, holder of a promissory note secured by a deed of trust on the site.
6 million National Golf common shares and NGOP partnership units to Bank of America and American Golf noteholders, and granted a second deed of trust on a property that the company didn't identify.
The purchasers of each unit made a down payment, signed a promissory note for the balance of the purchase price, and gave H and W a deed of trust to secure the note.
 
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