Transfer

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Transfer

A change of ownership from one person or party to another.

Transfer

1. To sell.

2. To deliver.

3. To change ownership between parties for any reason.

transfer

1. To record a change of ownership in a security on the issuer's books.
2. To deliver a security to the buyer's broker by the seller's broker.
Is it difficult to transfer my brokerage account to a different firm?

Transferring an account to another firm is relatively easy. The first step is to open an account at the new firm. Then sign an account transfer form, which will be provided by the new firm. A representative at the new firm should be able to provide assistance if you encounter any difficulties. The transfer should be completed within two weeks.

George Riles, First Vice President and Resident Manager, Merrill Lynch, Albany, GA

Transfer.

In a transfer, a 401(k) or IRA custodian or trustee moves the assets in your existing account directly to the custodian or trustee of your new account.

With a transfer, you don't risk failing to deposit the full amount of your withdrawal within the 60-day deadline for rollovers. And, in the case of a transfer from a 401(k) or similar retirement savings plan, nothing is withheld for income taxes.

In contrast, if you handle the rollover yourself, your employer must withhold 20% of the account value.

When securities are sent to a transfer agent for reregistration of the ownership name, this process is also known as a transfer.

Securities may be registered in the actual, or beneficial, owner's name, or in the name of a nominee, known as street name. Most stocks that are held by brokerage firms for their clients are registered in nominee name on the transfer agent's books.

References in periodicals archive ?
Map of main paths of gas transfer in Turkey (Caprnc, 2009, c.
Gas transfer at water surfaces-components and issues, Geophysical Mono-graph 127, Gas transfer at Water Surfaces, 1-10.
Project management, engineering and construction company Technip (Paris:TEC) (ISIN:FR0000131708) declared on Tuesday the receipt of a contract valued in excess of EUR23m for the Asgard Gas Transfer Project in Norway.
Therefore, detailed understanding of the particular surface properties and molecular structure is of crucial importance in revealing the gas transfer into different surfactant solutions.
Significant alveolar inflation introduces enough test gas into the alveoli so that effective gas transfer can occur.
The can also provides zero UV penetration and zero gas transfer.
Oystertec has agreed to pay 15p a share for Europower, a York-based group that designs, makes and sells fluid and gas transfer hoses.
Used in conjunction with the company's Pyris 1 TGA and the Spectrum One Fourier Transform-Infrared (FT-IR) systems, the TG-IR Interface's design is said to increase gas transfer efficiency.
Applications include fluid, air, and gas transfer in industries such as chemical, medical, industrial, appliance, and automotive as well as laboratories.
The complex mass estimate of the X-ray pulsar and the gas transfer from its companion possibly accelerated its rotation.