Transfer

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Transfer

A change of ownership from one person or party to another.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Transfer

1. To sell.

2. To deliver.

3. To change ownership between parties for any reason.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Partial extensor carpi radialis longus turn-over tendon transfer for reconstruction of the extensor pollicis longus tendon in the rheumatoid hand: case report.
Tendon transfers should be undertaken with caution.
Tendon transfer provides good results in cases, in which in spite of all conservative and surgical interventions, no recovery is observed and permanent radial nerve palsy is present.
Group 1 specifies that, in addition to elbow flexion from the biceps, the individual's brachioradialis muscle strength is a grade 4 and thus available for tendon transfer.
At the same time Debbie underwent tendon transfer surgery which involved taking muscle from the back of the shoulder and grafting it on to the elbow to take over the job of her paralysed triceps.
To further strengthen Nichole's hand, surgeons later performed a procedure called tendon transfer. They took a working muscle from her upper arm and attached it to the tendon--the tissue connecting muscles to bones--of a paralyzed muscle.
The aim of the study is to assess the functional outcome of tibialis posterior tendon transfer procedure and to identify factors that impact favourable outcome of tibialis posterior tendon transfer.
Surgical restoration of drop foot deformity with tibialis posterior tendon transfer. Acta Orthop Traumatol Turc, 2007; 41: 259-265.1.
From five months, Troy underwent nerve grafts at Leeds University Hospital and at the age of four, he also endured a tendon transfer to help improve his condition.
Chapter topics include anesthesia, all types of fractures and diseases, amputations and prosthetics, infections and infection injuries, nerve repair and nerve transfer, tendon transfer, replantation, and thumb reconstruction.