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 ?
11 (10/24/06), the Tax Court held that the exercise of a testamentary general power of appointment (GPA) by a decedent in favor of her grandchildren was subject to generation-skipping transfer tax (GSTT).
Also, the transfer was for full and adequate consideration because (i) the transferors received interests in the LLC in proportion to the assets transferred; (ii) the transfers were credited to their capital accounts; (iii) capital accounts were adjusted for contributions and distributions; and (iv) liquidating distributions were to be based upon capital account balances.
The 25,000-student De Anza College, in the South Bay community of Cupertino, led the state in transfers to CSU schools with 1,327.
Community college and university student transfers: Maricopa community college district and Arizona state university put transfer patterns in perspective.
For one thing, emergency medical services (EMS) can be agonizingly slow to provide ambulance transfers.
The principal, Winerip wrote, had been "informed by city officials that she would be receiving many additional student transfers under the federal No Child Left Behind law.
2036-1(a) there are two exceptions that prevent transfers from being included in a decedent's gross estate.
On behalf of the Toronto Chapter of Tax Executives Institute, I am pleased to provide comments on the proposed changes to Regulation 1013 of the Ontario Retail Sales Tax Act modernizing the rules in respect of transfers of assets between related corporations and partnerships.
Transfers from wheelchairs--One of the most common types of transfers is that of getting a resident out of the wheelchair and onto a shower chair or lift of some kind.
Physical Therapy (PT) chose resident transfers, as this is the basis of frail elderly residents' being able to engage in most activities of daily living--i.
By using market prices to control transfer pricing, every division is able to show profits, not just the final division in the chain of transfers.
3-Coverage, under 3(c) Exclusions from Coverage, under Paragraph 3(c)(6)Telephone-Initiated Transfers, paragraph 1.