book transfer

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Book Transfer

A change in ownership, especially of a security, that does not result in a change of location. For example, a stock may be sold between two clients of the same brokerage. In such a case, the stock certificate is unlikely to move at all.

book transfer

Transfer of ownership without physical movement of the item whose ownership is being changed. For example, ownership of a bond is generally transferred without movement of the actual bond certificate.
References in periodicals archive ?
IVANS, a division of Applied Systems, today announced that Safeco Insurance has selected IVANS to drive new business via IVANS Bookroll, a service enabling carriers to electronically extract the data needed to support book transfers directly from the management system of their insurance agency partners.
These workarounds include allowing foreign financial institutions to enable Iranian dollarized transactions using offshore clearing, intra-bank book transfers and conversions, or similar dollar-enabled mechanisms.
5m and there has been an agreement with the Finance Ministry to settle it through book transfers, while BD23.
The book transfers the national and international cultural and traditional thought to our generations," Abdul Haq opined.
Typically, banks classify book transfers only as transactions between accounts by the same entity in one location, so this is where Standard Chartered Bank demonstrates its constant innovation leveraging on its global network.
How to book transfers from airports There are a number of ways to book transportation between an airport and your hotel, including through a resort, a tour operator or a travel agent.
Business users are able to book transfers for importing and exporting goods and services.
Banks have also been given more flexibility in valuing these securities for the purpose book transfers to shore up their bottom line.
Book transfers are advantageous to the intermediary in that no processing fees have to be paid to banks, ACH operators, or card networks for the transfer of funds from payer to payee.
Given industry demographics, we would expect a much larger volume of book transfers at this point, but we won't see it unless agents are adequately compensated for the potential of their books; for the value that they could--or that the new agent will--capture from in-force client opportunities and trailers.
While we welcome the efforts of Butlins to offer refunds and book transfers for those affected, it is vital that holidaymakers take expert legal advice before accepting any payments.