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Transmittal Letter

   Also found in: Acronyms 0.01 sec.
Transmittal letter
A letter describing the contents and purpose of a transaction delivered with a security that is changing ownership.

Transmittal Letter
A letter describing a transaction of a security. That is, a transmittal letter states the nature of a trade and the number of shares contained therein. A transmittal letter is sent with security certificates when they change ownership.


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