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 periodicals archive ?
As mentioned previously, Cummins' (1994) theories suggest the transferability of content skills; knowing how to write the basic structure of an essay and how to formulate arguments in the L1 can greatly enhance one's ability in the L2.
In 2001, a mobility agreement dealing mainly with the issue of transferability, known as the Inter Association Mobility Agreement (IAMA), was signed by all the constituent associations of the CCPG.
The written word of scripture has remained and will remain closer to the heart of the temporal law in the Middle East than it has in the West (as, for example, in Iraq's new constitution), and this, again, throws into question the transferability of Western culture.
Terms that have been changed include transferability, the sequential use of coupons (ie the ability to cancel a return flight if the outgoing service is missed), schedules and rescheduling, check-in and boarding, the right of airlines to raise fares after time of payment, airlines' responsibility for agents and code-share arrangements.
453-1 (d) (2) (iii) provides that transferability restrictions are ignored in computing the contingent payment's FMV.
Since that time, the two denominations have agreed on transferability of memberships, baptism and receiving the eucharist in each other's denominations.
The second main part, "On the Origin of the Decorative System in the Sixteenth Century: The Grotesque," addresses, in separate subsections, the nature of the grotesque and its transferability to the system of the Sistine ceiling, the "Irreale" in the sources, and the relationship between the grotesque and the hieroglyph.
Attorneys and their clients have historically taken advantage of the transferability of assets rules in order to meet eligibility guidelines for Medicaid coverage.
According to Henwood, however, the Dutch and the English introduced a new concept, called the transferability of shares: ".
Instead, some statutes contain mandatory provisions concerning the characteristics of limited liability, transferability of interests, centralized management and continuity of life.
While it does not have the sophisticated transferability of skills search engine as its bigger brother, OASYS, it is a feature-rich program which makes one wonder if you need more.
If properly structured, a stock-option plan may be created to provide for limited transferability of non-qualified stock options to a trust for the benefit of one's family.