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transfer agent Definition

transfer agent

transfer agent Finance Definition
A bank or trust company that keeps a record of the shareholders of a corporation. The transfer agent issues and transfers stock certificates as they are bought and sold.
transfer agent Law Definition

n

An individual or business that keeps a record of all shareholders in a corporation by name, address, and number of shares owned. Not every stock transaction results in a transfer, because a considerable share of most issues is held in the street name in order to support margin or for the ownerÂ’s convenience. See also registrar.
transfer agent Usage Examples

Noun used with modifier

  • business: Nationwide Businesses Ltd. is one of the largest independent business transfer agents in the UK.