transfer Hear it!

transfer definition - legal

n

Any and every method of removing something from one person or place to another; specifically, the handing over of possession or control of assets or title. Transfer may be affected by assignment, by delivery, by indorsement, and by operation of law.

v

the act of handing over possession or control.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.