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 ?
These were countered by the Chapter, which urged the transferal of the numerous old saints orphaned by the destruction of old altars, even though there were fewer locations available in the new building.
to put for the transferal of the remaining 20 percent equity of the JV to Elekta.
The transferal of the complementary bonds will be adjusted so that the market value of the bonds is no less than $4.
A transferal does not replace the borrower's required monthly payment; rather it supplements the payment.
ARS is a leader within the Federal government in the transferal and marketing of new technologies developed from its research laboratories.
The agreement includes a future option for Elekta to call and BPGC to put for the transferal of the remaining 20 percent equity of the JV to Elekta.
As per the Cyprus` bailout contract, for the combination of collaborative credit institutions in Cyprus into 18 new cooperatives, with the transferal of their supervision from the Cooperative Central Bank to the Central Bank of Cyprus, the Cooperative Central Bank had to propose a restructuring project.
2) Counterfeit fraud or skimming is ultimately the transferal of card data from the legitimate card to a counterfeit or cloned version.
Evidence of Wayne County residence and transferal of prior student records are mandatory.
During the first phase of the integration, Rostelecom will transferal its mobile subsidiaries including SkyLink, Nizhegorodskaya Sotovaya Svyaz, Baikalvestcom, BIT, Volgograd GSM, Yenisey Telecom and AKOS to the new company.
Cellular will provide certain operational and support services to AT&T Wireless to facilitate the ownership transferal process.
Palamida's IP Amplifier scans application code for a host of uses including enabling license compliance and allaying concerns about license transferal issues, as well as performing due diligence for a wide variety of corporate transactions.