transfer

transfer definition - business

transfer

  1. To record a change in asset ownership.
  2. To deliver an asset to the buyer. For example, a security is transferred to the buyer's broker by the seller's broker.

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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