2. Real estate: Conveyance of title to a property from the seller to the buyer through a deed of transfer, following payment of the price.
3. Securities trading: Delivery of a stock (share) certificate by the seller's broker to the buyer's broker followed by conveyance of the title by recording the change in the stock (share) register.
Use 'transfer' in a Sentence
A transfer of funds can speed up the payment process instead of waiting for a check to clear or to gather cash.
The boy's parents promised to transfer one hundred dollars to his bank account every month while he was away at college.
Sometimes it is a good idea to use a transfer of funds instead of cash because it will make things a lot easier.
You Also Might Like...
