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 ?
Generally 18 or earlier death for transfers by irrevocable lifetime gift, transfers by irrevocable exercise of a power of appointment, or transfers authorized in a will or trust; however, for any such transfer, the custodianship may be extended to a later age but not beyond 21.
2612).The Eighth Circuit concluded that the transfer to the grandchildren was exempt from GSTT under TRA '86 Section 1433(b)(2)(A), because the transfer was "under a trust" irrevocable on Sept.
While title insurance companies assume the risk of collecting and filing the transfer tax returns, in a co-op purchase, there is typically no title company involved, so attorneys become responsible for filing the transfer forms and taxes.
Thus, the transfers to the business trusts were held to be bona fide sales for adequate and full consideration, so that Sec.
Access from a community college to a university used to be easy, but recent changes to the CSU and UC admission process and lower-division, major prerequisite requirements has created challenges that students must conquer to avoid adverse affects to their transfer progress.
DANAMI-2 was the largest clinical trial to test whether transfer for angioplasty is superior to on-site drug treatment.
No doubt there were numerous problems with the way New York City school officials implemented NCLB in the law's first two school years, as indicated by the city's recent decision to limit NCLB transfers in the 2004-05 school year.
Based on the outcome of this important case, CPAs should make clients doing estate planning aware of the two exceptions under section 2036(a) and its regulations and emphasize the IRS and the courts probably will ask these questions about property transfers:
Figure 4, reproduced below, relates to transfers of assets between unrelated corporations.
In the case of a side opening door unit, it may be used with or without a lift or transfer device.
To educate staff on the use of these universal transfers, the therapists developed a video training program, also including a hands-on practice session, study packet, post-test, study guide with pictures for each nursing station, and a "button campaign" to generate interest in and recognition for completion of the program.
If you think of each of the clinical specialties as divisions of the same company, and the care of the patient as the final product, then the principles of transfer pricing may be applied to this problem.