revocable transfer

revocable transfer definition - business

revocable transfer

A transfer of property that can be revoked. A will is an example of a revocable transfer, because the document can be changed prior to death.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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