transfer

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Transfer

To remove or convey from one place or person to another. The removal of a case from one court to another court within the same system where it might have been instituted. An act of the parties, or of the law, by which the title to property is conveyed from one person to another.

Transfer encompasses the sale and every other method, direct or indirect, of (1) disposing of property or an interest therein or possession thereof; or (2) fixing a lien (a charge against property to secure a debt) absolutely or conditionally, voluntarily or involuntarily, with or without judicial proceedings, in the form of a conveyance, sale, payment, pledge, lien, mortgage, gift, or otherwise. The term transfer has a general meaning and can include the act of giving property by will.

Transfer is the comprehensive term used by the Uniform Commercial Code (UCC)—a body of law adopted by the states that governs mercantile transactions—to describe the act that passes an interest in an instrument (a written legal document) from one person to another.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

transfer

n. 1) the movement of property from one person or entity to another. 2) passage of title to property from the owner to another person. 3) a piece of paper given to allow a person or shipment to continue travel.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

transfer

to make over to another rights in or interests over property; sometimes the term is used as a noun to denote the instrument by which this is effected.
Collins Dictionary of Law © W.J. Stewart, 2006

TRANSFER, cont. The act by which the owner of a thing delivers it to another person, with the intent of passing the rights which he has in it to the latter.
     2. It is a rule founded on the plainest dictates of common sense, adopted in all systems of law, that no one can transfer a right to another which he has not himself: nemo plus juris ad alienum transfers potest quam ipse habet. Dig. 50, 17, 54 10 Pet. 161, 175; Co. Litt. 305.
     3. To transfer means to change; for example, one may transfer a legacy, either, 1st. By the change of the person of the legatee, as, I bequeath to Primus a horse which I before bequeathed to Secundus. 2d. By the change of the thing bequeathed, as, I bequeath to Tertius my History of the United States instead of my copy of the Life of Washington. 3d. By the change of the person who was bound to pay the legacy, as, I direct that the sun) of one hundred dollars, which I directed should be charged upon my house which I gave to Quartus, shall be paid by my executors.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
The stock transfer restriction agreements prohibit the shareholder from transferring or disposing of any shares of stock in the respective PCs, except as provided in the stock transfer restriction agreements.
This means that council tenants can actually remain in the safe hands of the council and say No to risky stock transfer.
The firm maintains a strong stock transfers practice and handles a large amount of work relating to retirement villages.
IN answer to the letter in yesterday's Record attacking housing associations, it is incredibly frustrating for those of us who live in Glasgow to read accusations that Glasgow Housing Association (GHA) is not honouring promises made to tenants when they voted for stock transfer. The Glasgow transfer has been hugely successful.
SIR - Torfaen tenants are being asked by Torfaen Council to vote for stock transfer of our homes to a registered social landlord, Bron Afon Community Housing.
I AM an active anti-transfer campaigner in the still disputed move toward council house stock transfer in Sefton.
We focus on incorporating the above stock transfer feature in the order fulfillment decision and designed an simulation to find the effect of lateral stock transfer policy on various parameters viz.
The joint holding company, Inpex Holdings Inc., will be established on April 3 and capitalized at 30 billion yen through a stock transfer, the two companies said.
The options include housing stock transfer, arms length management (ALMO), private finance (PFI) and leaving things unchanged.
Even a review of housing stock transfer by the House of Commons public accounts committee found it was 'more expensive for the taxpayer than local authority repair and renovation'.
If the taxpayer had shown that the corporation had used, all of the money in its business and if the loan had been reclassed as equity before the stock transfer, it's likely the transaction would have fallen under the acquisition liability exception.