Company: TDBCP
Filing Date: 2025-05-05
Form Type: 424B2
Source: 0001140361-25-017254
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-05-05
Form: 424B2
Chunk 7
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 to consult your investment, legal, tax, accounting and other advisors as to the risks entailed by an investment in the notes and the suitability of the notes in light of your particular circumstances before you invest in the notes. Structure-Related Risks

| ■ | Depending on the performance of the Basket as measured shortly before the maturity date, your investment may result in a loss; there is no guaranteed return of principal. |

| ■ | Any positive return on the notes is limited and may be less than a comparable investment directly in the stocks included in the Basket Components. The notes provide for a positive return if the value of the Basket increases or does not   
 decrease by more than 10.00%. However, any positive return on the notes based on the appreciation of the Basket is limited to the return represented by the Capped Value and may be less than that of a comparable investment directly in the 
 stocks included in the Basket Components.                                                                                                                                                                                                     |

| ■ | Your potential for a positive return based on the depreciation of the Basket is limited by the Threshold Value and may be less than that of a comparable investment that takes a short position directly in the Basket Components (or the          
 stocks included in the Basket Components). In addition, the absolute value return feature applies only if the Ending Value is less than the Starting Value but greater than or equal to the Threshold Value. Because the Threshold Value is 90.00% 
 of the Starting Value, any positive return due to the depreciation of the Basket is limited to 10.00%. Any decline in the Ending Value from the Starting Value by more than 10.00% will result in a loss, rather than a positive return, on the    
 notes. In contrast, for example, a short position in the Basket Components (or the stocks included in the Basket Components) would allow you to receive the full benefit of any decrease in the level of the Basket Components (or the stocks      
 included in the Basket Components).                                                                                                                                                                                                                |

| ■ | Your return on the notes may be less than the yield you could earn by owning a conventional fixed or floating rate debt security of comparable maturity |

Market Measure-Related Risks

| ■ | Changes in the level of one or more of the Basket Components may be offset by changes in the levels of one or more of the other Basket Components. Due to the different initial Component Weights (as defined in “The Basket” section below), 
 changes in the levels of some Basket Components will have a more substantial impact on the value of the Basket than similar changes