Blank Transfer

Blank Transfer

The sale or other transfer of securities in which the name of the buyer or transferee is not recorded. Thus, the physical holder of the certificate is assumed to be the new owner of the securities. With the increase in electronic recording of security sales, blank transfers have become less frequent. It should not be confused with blank stock.
References in periodicals archive ?
Goodness knows there have been some gruesome blunders during the Ashley years - the renaming of the stadium, the blank transfer windows, the hirings and firings.
Built with a welded steel tubular frame and low maintenance drive, the tray former includes sealed ball bearings in the blank transfer section with self-cleaning tracks and uses venturi vacuum technology to extract trays from the hopper.