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


1. To sell.

2. To deliver.

3. To change ownership between parties for any reason.


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


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 ?
Nygard addressed issues pertaining to the valuation of transferable development rights.
Carole Kanchier defined transferable skills this way: "These are generic and can be used in a variety of jobs and settings.
Transferable skills: Writing, creating, imagining, editing, storytelling, producing, entertaining, illustrating, computer graphics, and word processing--an 11-year-old African American boy said, "I make my own comic books.
of local data bank to some of the automated transferable
Companies will have the opportunity to entertain their premiere guests and clients in an absolutely first class environment, in which just some of the benefits include: transferable, daily "Tournament" badges, breakfast with made to order omelet stations, a gourmet luncheon, afternoon hors d'oeuvres and a cocktail reception, large screen televisions with complete golf coverage, official Masters programs, Masters chairs, private car parking facilities, company logo displayed on the entrance banner and a premium open bar that is available all day long.
Property is substantially vested when it is either transferable or not subject to a substantial risk of forfeiture.
6 overall grade-point average, have 60 units of transferable credits and meet other academic standards will be fast-tracked through the admissions process and receive early academic and financial-aid counseling.
He then handled a landmark lawsuit against the city, which had rezoned a portion of the property as a landlocked park and mandated the owners take transferable development rights with uncertain value in return.
NYSE: MEF) (the "Fund") filed with the Securities and Exchange Commission earlier today a registration statement relating to a transferable rights offering.
COLLEYVILLE, Texas -- Certification by the Association of Finance & Insurance Professionals is now transferable as course credit to Northwood University through AFIP's unique partnership with the Automotive Dealership Institute.