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.

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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 >>
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    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?

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