book transfer

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 ?
As distributors reassess their portfolios and look to pare their markets down to a few carriers that never decline a submission and service all customers on their behalf, they also will look for carriers with simple and innovative book transfer protocols.
We continually look for new ways to make the book transfer process easier, faster and more accurate, said John Mileski, senior vice president of agency field operations for Safeco Insurance.
Another solution which leverages the Bank's global network is our real-time cross border book transfer.
A new touch-screen display audio adds an 8-inch screen, backup monitor, HD Radio, Bluetooth audio, automatic phone book transfer, and a vehicle information display.
Bluetooth audio, automatic phone book transfer, a vehicle information display and complimentary traffic and weather data provided via HD Radio.
At the first weeks of this study year, terrorists attacked book warehouses and book transfer vehicles, causing SYP 100 million in losses, according the Director-General of the General Printing Establishment, Zuher Suleiman.
The simplest way of clearing and settling a payment is through a book transfer from the intermediary account of the payer to the intermediary account of the payee.
Through direct account relationships, we provide immediate book transfer settlement and straight through generation of MT 103 credit advices to Chinese banks.
Between January 2008 and January 2009, Clearing House Interbank Payments System (CHIPS) volume fell by 15 percent and book transfer volume declined by 7 percent.
White House Deputy Chief of Staff Joe Hagin reportedly dumped copies of Flynn's book Transfer of Power onto the desk in the White House Situation Room shortly after 9/11, telling subordinates to figure out what happens "if the s--t really hits the fan.
And such an occurrence came this week when City Librarian Fontayne Holmes stood up for the public and said she was going to oppose the proposed $1 per interbranch book transfer that the Board of Library Commissioners had already endorsed.
Operating on the unlicensed 900MHz ISM band, the Parafone features call display on call waiting, a 50 entry speed dial, a 1000 entry call history with direct address book transfer, direct dialing from address book, calling card support, three way conference, a Ni-MH battery, and handsfree headset support.