transfer of shares

transfer of shares
An existing shareholder transfers issued shares to another person who is then registered as the holder of those shares.

Easyform Glossary of Law Terms. — UK law terms.

transfer of shares
the conveyance of a member's share(s) to another person. Shares are transferable in such manner as may be prescribed in the articles. The transfer is achieved by the execution of a transfer form by the transferor and its being lodged, together with the share certificate, with the registrar of the company so that the entry in the company's register of shareholders can be amended. Actual transfer of the legal title to the shares is effected when the charge is made in the company's register.

Collins dictionary of law. . 2001.

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  • transfer of property — /ˌtrænsfɜ: əv prɒpəti/, transfer of shares /ˌtrænsfɜ: əv ʃeəz/ noun the act of moving the ownership of property or shares from one person to another …   Dictionary of banking and finance

  • transfer agent — see agent Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. transfer agent n. A …   Law dictionary

  • transfer tax — n: a tax (as a gift tax or estate tax) imposed on the transfer of property Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. transfer tax …   Law dictionary

  • transfer of value — a disposition made by a person (the transferor) as a result of which the value of his estate immediately after the disposition is less than it would be but for the disposition, and the amount by which it is less is the value transferred. This… …   Law dictionary

  • transfer of undertaking — The Transfer of Undertakings (Protection of Employment) Regulations 1981 ( TUPE ) apply where an undertaking (business) is sold as a going concern (as opposed to a sale of assets or a sale of shares) or where a unit within a business is… …   Law dictionary

  • transfer fee — ➔ fee * * * transfer fee UK US noun [C] ► FINANCE a payment that you make when you move a balance (= the amount that you owe) from one credit card to another. You make the payment to the issuer (= bank, etc.) of the card to which you move the… …   Financial and business terms

  • transfer certificate — UK US noun [C] LAW, PROPERTY, STOCK MARKET ► an official document showing that someone has bought particular shares, property, etc. and is now their legal owner: »The seller must provide a transfer certificate to the buyer …   Financial and business terms

  • transfer agent — n. a bank or trust company charged with keeping a record of the shareholders of a corporation and issuing and canceling stock certificates as shares are bought and sold …   English World dictionary

  • Transfer agent — Companies that have publicly traded securities typically use transfer agents to keep track of the individuals and entities that own their stocks and bonds. Most transfer agents are banks or trust companies, but sometimes a company acts as its own …   Wikipedia

  • transfer — A change of ownership from one person or party to another. Bloomberg Financial Dictionary On the London Stock Exchange, the form signed by the seller of a security authorising the company to remove his name from the register, and substitute that… …   Financial and business terms

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