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 parties involved in the transferable L/C example could have arranged the transaction on a back-to-back basis.
If a lottery were held to allocate the permits and the permits were not transferable, then the expected value of the k permits to society would be kE(v), where E(v) denotes the mean value placed on the good by members of society.
of local data bank to some of the automated transferable
Students must maintain a minimum cumulative grade-point average of 2.5 out of 4.0 on transferable work.
Developing Transferable Skills: Enhancing Your Research and Employment Potential is a written summary developed for postgraduate researchers, early career researchers, and all those beginning careers in research fields.
* 12% A Transferable tax credit on wages, salaries and fringe benefits for nonresident above-the-line personnel
Individual fishing quotas will be allocated to holders of transferable quotas on the basis of TACs allocated to each member state.
Alternatively should spouses/civil partners change their Wills to remove the trust, leave everything to each other and rely on the Transferable Nil-Rate Band?
Prospect and Unite will work in partnership and focus on ensuring that workers in the nuclear industry have their current skills accredited and help them to develop additional transferable skills to help improve employability.
"Always make sure transferable skills are flagged up - employers place a huge emphasis on these core skills."
You need to identify your transferable skills, develop existing skills and learn new ones to boost your CV.