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"Deeds" refers to the famous Hardcore death message first used in Diablo 2 and returned in Diablo 3.

You have died. Your deeds of valor will be remembered.

Players enjoyed this message (through their tears) and soon enough "deeds" became a sort of shorthand reference to any Hardcore death. For instance, the Hardcore Graveyard forum has a permanent sticky thread called "Condolences: Discuss our Deeds"

"Deeds" displayed over a Demon Hunter's last sight.