In a legal arrangement, the party who makes the transfer of an asset to another party. A transferor is the side which initiated the transfer of a land title, security ownership, etc. The transferor may choose to make a transfer willingly, or be forced to due to legal circumstances.

The transfer of most tangible assets are considered legal transfers, and in this light the transferor's assignment of ownership over to the counterparty is typically considered binding. In such an exchange, the transferor may or may not receive compensation for the exchange, as would be outlined in the terms of the transfer arrangement.

Investment dictionary. . 2012.

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Look at other dictionaries:

  • transferor — I noun allotter, assignor, consignor, devisor, donor, grantor, lessor, licensor, payor II index carrier, feoffor, licensor Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • transferor — (n.) 1875, agent noun in Latin form from TRANSFER (Cf. transfer) (v.) …   Etymology dictionary

  • transferor — The beneficiary of a transferable letter of credit who causes a bank to transfer the credit to another party. Bloomberg Financial Dictionary * * * transferor trans‧fer‧or [trænsˈfɜːrə ǁ ˌtrænsfəˈrɔːr] noun [countable] formal LAW …   Financial and business terms

  • transferor — transfer ► VERB (transferred, transferring) 1) move from one place to another. 2) move to another department, occupation, etc. 3) change to another place, route, or means of transport during a journey. 4) make over the possession of (property, a… …   English terms dictionary

  • transferor — noun Date: 1875 one that conveys a title, right, or property …   New Collegiate Dictionary

  • transferor — /trans ferr euhr/, n. Law. a person who makes a transfer, as of property. [1870 75; TRANSFER + OR2] * * * …   Universalium

  • transferor — noun Someone who transfers his property to another …   Wiktionary

  • transferor — trans·fer·or || træns fɜːrÉ™(r) n. one who moves or directs …   English contemporary dictionary

  • transferor — A person who transfers an asset to another (the transferee) …   Big dictionary of business and management

  • transferor — trans·fer·or …   English syllables

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