transfer agent
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.
Browse dictionary entries near transfer agent
- transfer
- transfection
- transfect
- transept
- transection
- transect
- transduction
- transducing
- transducer
- transduced
