|
|
Transfer agent |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Transfer agentIndividual or institution a company appoints to look after the transfer of securities.Transfer agent Similar MatchesAutomatic funds transferAutomatic funds transferA transfer of funds from one account or investment vehicle to another using electronic or telecommunications technology. Chargeable transferChargeable transferA gift or other transfer of value made by an individual which is not covered by any of the various exemptions and which is therefore a transfer for inheritance tax purposes. Transferable put rightTransferable put rightAn option issued by a firm to its shareholders to sell the firm one share of its common stock at a fixed price (the strike price) within a stated period (the time to maturity). The put right is "transferable" because it can be traded in the capital markets. Potentially exempt transferPotentially exempt transferA gift from one person to another which is not liable to inheritance tax provided the person making the gift lives for at least seven years after the transfer is made. If he/she dies before seven years elapse, tax will be payable, the amount being related to the number of years following the transfer prior to death according to the table below.Transfer up to 3 years before death: 100% of giftTransfer 3 to 4 years before death: 80% of giftTransfer 4 to 5 years before death: 60% of giftTransfer 5 to 6 years before death: 40% of giftTransfer 6 to 7 years before death: 20% of giftThe tax payable is normally charged to the recipient of the gift but in some circumstances it may revert to the donor's estate. Depository transfer check (DTC)Depository transfer check (DTC)Check made out directly by a local bank to a particular firm or person. Further Suggestionstransfer valueTransfer Tax Electronic Funds Transfer Systems Electronic depository transfers telegraphic transfer book transfer Unilateral transfer capital transfer tax Technology transfer Section 32 transfer Legal transfer Transfer of ownership Transfers Transferee Transfer PEP transfer Transfer On Death (TOD) Wire transfer Stop Transfer Transfer pricing Transfer price Transferor Documentary Transfer Tax Transferable letter of credit Uniform Transfers to Minors Act (UTMA) |
|
|
|