Transferor

DEFINITION of 'Transferor'

In a legal arrangement, the party who makes the transfer of an asset to another party. A transferor is the side which initiated the transfer of a land title, security ownership, etc. The transferor may choose to make a transfer willingly, or be forced to due to legal circumstances.

BREAKING DOWN 'Transferor'

The transfer of most tangible assets are considered legal transfers, and in this light the transferor's assignment of ownership over to the counterparty is typically considered binding. In such an exchange, the transferor may or may not receive compensation for the exchange, as would be outlined in the terms of the transfer arrangement.

RELATED TERMS
  1. Transfer

    A change in ownership of an asset, or a movement of funds and/or ...
  2. Current Transfers

    A current account transaction in which a resident entity in one ...
  3. Trust Company

    A legal entity that acts as fiduciary, agent or trustee on behalf ...
  4. Direct Transfer

    A transfer of assets from one type of tax-deferred retirement ...
  5. Wire Transfer

    An electronic transfer of funds across a network administered ...
  6. Email Money Transfer - EMT

    A retail banking service that allows users to transfer funds ...
Related Articles
  1. Professionals

    Property Titling And Transfer

    Property Titling And Transfer
  2. Credit & Loans

    Transferring Credit Card Balances To A New Card

    Before you take advantage of that new credit card's 0% interest balance transfer offer, read our step-by-step guide.
  3. Professionals

    Identify Transfers Subject to the GSTT

    Identify Transfers Subject to the GSTT
  4. Professionals

    Incidents of Ownership

    Incidents of Ownership
  5. Professionals

    Liability And Transferability

    Limited Liability A stockholder’s liability is limited to the amount of money they invested in the stock. They cannot be held liable for any amount past their invested capital. Freely Transferable ...
  6. Professionals

    Closing Accounts

    Closing Accounts
  7. Personal Finance

    2015's Best Balance Transfer Credit Card Promotions

    Trying to pay off a credit card balance at too high an interest rate? You might save a good chunk of cash with one of these balance transfer promotions.
  8. Professionals

    Estate and Gift Taxation

    Estate and Gift Taxation
  9. Professionals

    ACCOUNT TRANSFERS

    Account Transfer Clients from time to time will wish to have their accounts transferred from one brokerage firm to another. This is usually accomplished through an Automated Client Account Transfer, ...
  10. Investing Basics

    What Does a Transfer Agent Do?

    Transfer agents maintain the records and documents related to shareholder accounts.
RELATED FAQS
  1. Are there any regulations on transfer pricing?

    Learn about transfer pricing, its role in intra-business calculations, and how the U.S. government regulates transfer pricing ... Read Answer >>
  2. How does transfer pricing help business?

    Explore several ways that transfer pricing helps businesses. Transfer pricing can often help streamline accounting and business ... Read Answer >>
  3. How do you make working capital adjustments in transfer pricing?

    Understand how working capital adjustments are applicable to transfer pricing. Learn about the arm's length standard and ... Read Answer >>
  4. How do you transfer common stock from one broker to another?

    Understand how common stock assets are transferred from broker to broker using the Automated Customer Account Transfer Service ... Read Answer >>
  5. What documents I need to transfer an IRA/SEP/SIMPLE to a Traditional IRA?

    Most firms require that you complete their account transfer request form, which they use to request the transfer of assets ... Read Answer >>
  6. I work for a university, and I have a 403(b) with TIAA-CREF. But TIAA-CREF says I ...

    It depends. The IRS does permit the transfer of assets between 403(b) providers; however, employers and 403(b) providers ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center