(redirected from transfers)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.
Related to transfers: Heat transfers


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 ?
All transfers occur at terminals located within 50 miles of the financial institution's main office.
The conclusion to this discussion is that ESCON to SAN high-speed, device-to-device data transfers are more in the realm of fiction than fact.
Heat transfers are preferred for this application, says Miles, because they remain in place despite temperature extremes and humidity.
Upon this conversion, the partnership transforms into an LLC by operation of law, and without any further acts being required to transfer ownership of assets to the LLC; although for income tax purposes, a new entity has been created.
The effect of asset transfers on the income statement will depend on how the FASB decides to treat the transfer, which it hasn't done yet.
367(a)-3(c), deals with the outbound transfer of U.
In its proposal, the Department decided to allow group transfers of non-capital losses on a current, single-year basis without a carryforward for pre-system losses.
The IRS has taken the position that assignment principles prevail over section 1041 when a taxpayer transfers the right to receive income, but the issue is unsettled because the IRS is facing some opposition in the courts.
One, if the employee spouse exercises the ISOs and then subsequently transfers the stock to the other spouse.
The first rush of interest in horizontal gene transfer occurred in the 1960s, recounted W.
2] Nevertheless, one study [3] reported that 98% of manual lifting transfers involved grabbing residents under the arms.

Full browser ?