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 classic literature ?
I believe I had transferred into the department I was in simply to avoid their company and to cut off all connection with my hateful childhood.
Again and again I tried to reach it, until at length, maddened with the thought of my situation, I swayed myself violently by striking my foot against the side of the rock, and at the instant that I approached the large root caught desperately at it, and transferred myself to it.
My dear Anna Mikhaylovna," said he with his usual familiarity and weariness of tone, "it is almost impossible for me to do what you ask; but to prove my devotion to you and how I respect your father's memory, I will do the impossible- your son shall be transferred to the Guards.
And here, as with my junk, four Chinese were transferred to the sloop and one left behind to take care of things.
The soil of all the former states has the appearance of an alluvial deposit; and isolated rocks have been found, of a nature and in situations which render it difficult to refute the opinion that they have been transferred to their present beds by floating ice.
Sam's two hundred pounds stood transferred to his name, and Wilkins Flasher, Esquire, having been paid his commission, dropped the money carelessly into his coat pocket, and lounged back to his office.
Presumably, because the assets have not been transferred to the nonemployee-spouse, any income that results would be includible on the employee-spouse's Form W-2.
He or she will then be considered to have immediately transferred the property to the third party.
In contrast, data is transferred at the fastest synchronous rates and bus widths negotiated between any two SCSI devices.
Tax practitioners know that if the transfer of property subject to a liability results in gain recognition, there is also a step-up in the basis of the transferred property.
Percent transferred by resident primary physician: 86%
All of the transferred inmates were violent offenders.