Business / Debt / Trust Deed: A form of debt relief where you're unable to pay your debts but have money tied up in assets, such as a house. Creditors can agree that you give everything you own to a trustee (usually an accountant) and sign a trust deed, which is legally binding. The trustee offers to pay your creditors as much as possible of what you owe them from the value of your assets. If it is a protected trust deed then the trust deed is a diligence stopper.
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Trust Noun Synonyms: confidence, reliance, faith, conviction, certitude, certainty, sureness, positiveness, assurance, belief
Business / Agriculture / Rural Development Trust Fund: Authorized under the FAIR Act of 1996 the trust fund is used to distribute Rural Community Assistance Program funds. Funds are allocated among states based on such factors as rural population, income, MORE
Business / Finance / Revocable Trust: A trust that may altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered at an MORE