What alternative name is associated with a deed in trust?

A deed in trust is also referred to as a trust deed, which explicitly describes its function and purpose in the context of securing obligations, generally related to loans or real estate transactions. In a trust deed arrangement, the property title is transferred to a third-party trustee who holds it for the benefit of the lender (the beneficiary) and the borrower (the trustor). This mechanism provides a secure way for the lender to ensure that the loan is repaid, as it allows for foreclosure proceedings if the borrower defaults.

The terminology "trust deed" is widely recognized in real estate and finance, making it the appropriate and correct term. It clearly distinguishes the specific legal instrument used in securing a loan, emphasizing the role of the trustee and the trust relationship involved in the transaction.