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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 ?
"There's definitely a role for transferring patients.
If transferring from a wheelchair to a lift, the methods are much the same.
The required ownership threshold for transferring losses among related corporations should not exceed 90 percent.
The code's silence has encouraged the IRS to apply the court-developed assignment of income doctrine to tax the person transferring the accrued income.
decreasing use of mechanical lifts except where determined by nursing, PT and the resident to be the safest and most therapeutic method of transferring;
In particular, individuals and corporations which already own and operate real estate have numerous issues to consider and resolve before transferring presently owned real property to a new LLC.
If the payor is a good credit risk and agrees to the bank's credit terms, then the bank will complete settlement by transferring value even if the payor is short of funds, thus greatly facilitating the payment process.
In order for there to be an "appropriate transfer," the receiving facility must have space and qualified personnel and have agreed to accept the transfer, the transferring hospital must provide the receiving facility with appropriate medical records, and the transfer must be effected through qualified personnel and transportation equipment.3
Senda, 8th Cir., 1/06/06, aff'g TC Memo 2004-160, the Eighth Circuit held transfers of static to two family limited partnerships (FLPs)--coupled with the transfers of FLP interests to the donor's children on the same day--to result in indirect gifts of stock to the children, because the donors did not present reliable evidence that they contributed the stock to the FLPs before transferring the FLP interests to their children.
Latinos/Latinas, however, are not transferring at a significant rate.
Alternatively, the employee spouse could avoid transferring the legal ownership of the options and simply agree to exercise the options in response to a demand by the non-employee spouse.
65 (1962), where the Court held that a spouse transferring appreciated property in a divorce must recognize gain on the appreciation for tax purposes, thereby allowing the nontransferring spouse to receive a basis in the property equal to its fair market value (FMV).