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 ?
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.
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.
In effect, shareholders were simply people who controlled the future income stream of a company and, as a result of the new concept of transferability, could sell or trade their rights to that future income as they saw fit.
If a member is permitted to transfer his interest without the consent of the other members, the corporate characteristic of free transferability exists.
If management were to reduce the inequalities by allowing transferability, permits would rapidly be transferred to other harvesters who would increase fishing effort, often by a large amount.
The major advantage of this computer approach, therefore, is its ability to consider simultaneously job-matching both in terms of transferability of skill requirements as well as work environments.
Quantitative framework for enhancing transferability of crash modification factors or functions
All securities issued by Eloro pursuant to the Agreement are subject to a statutory 4-month hold period and are subject to a lock-up agreement whereby Tartisan will be restricted from transferring securities of Eloro for a period of 18 months following the closing date, and with limited transferability for a period of four and one half years, all as detailed in the August 5, 2016 new release.
Some of the features and benefits are XDS Near-Infrared (NIR) technology, which ensures ease-of-use and transferability and automated transmission or reflectance analysis of a tray of multiple tablets or vials.
This study focuses on the additional funding flexibility offered to all school districts via the Transferability provision of the No Child Left Behind Act of 2001.
He also criticised the deletion of the text on the transferability of pensions.
On its Web site, AEM comments upon "concerns with the direct transferability of on-road technologies to the off-road industry, resource issues and timeframes for adoption.