transferagent

transfer agent

A transfer agent is a financial institution, typically a trust company or a bank, that helps companies manage and maintain their shareholder records, including processing and recording changes in ownership of securities.

Noun

transfer agent (plural: transfer agents)

1. (finance) An organization that maintains records of the ownership of securities, such as stocks and bonds, for a company and facilitates the transfer of ownership between parties.

2. (finance) A person or firm responsible for managing the transfer of securities, ensuring proper documentation and compliance with regulations.

3. (law) An individual or entity appointed by a court to oversee the transfer of property or assets in a legal proceeding.

Adjective

transfer agent (comparative: more transfer agent, superlative: most transfer agent)

1. (finance) Relating to the role or function of a transfer agent.

2. (law) Pertaining to the duties and responsibilities of a transfer agent in legal proceedings.

Collocations

Transfer agent + verb: act as, serve as, appoint, hire
Transfer agent + noun: services, duties, responsibilities, records, transactions

Synonyms

Registrar, record-keeper, stock transfer agent, share registrar

Antonyms

None

Collins Dictionary Definition

transfer agent (noun)

1. (finance) an agent appointed by a company to maintain records of share ownership and handle the transfer of shares

Oxford Dictionary Definition

transfer agent (noun)

1. (finance) a person or company appointed by an organization to deal with the transfer of shares, bonds, or other securities

Examples:

1. The company appointed a reliable transfer agent to handle the processing of stock transactions.
2. The transfer agent is responsible for ensuring that all transfers of securities comply with regulatory requirements.
3. In the legal case, a transfer agent was appointed by the court to oversee the distribution of the deceased's assets.
4. ABC Corporation has hired a reputable transfer agent to manage its shareholder records.
5. The transfer agent's duties include maintaining accurate records of share ownership and processing dividend payments.
6. The transfer agent acted as an intermediary between the buyer and seller during the stock transfer process.
7. As a transfer agent, it is crucial to maintain confidentiality and safeguard shareholder information.
8. The transfer agent's role is to facilitate the smooth transfer of securities and ensure proper documentation.
9. The company decided to change its transfer agent due to dissatisfaction with the quality of service provided.
10. The transfer agent's responsibilities extend to handling corporate actions such as stock splits and mergers.
11. The transfer agent provides valuable services in maintaining accurate shareholder records for the company.
12. Sheila was appointed as the transfer agent to oversee the transfer of property in the divorce settlement.
13. The transfer agent is responsible for verifying the authenticity of ownership documents before approving a transfer.
14. The transfer agent assists investors in updating their contact information and resolving any ownership disputes.
15. The transfer agent's primary role is to ensure the accurate and timely transfer of securities between parties.
16. After the merger, the transfer agent was tasked with consolidating the shareholder records of the two companies.
17. Investors can contact the transfer agent directly for assistance with transferring their securities.
18. The transfer agent's services are crucial in maintaining an efficient and transparent securities market.
19. The transfer agent must comply with all relevant securities laws and regulations in performing their duties.
20. As a transfer agent, attention to detail and accuracy are essential qualities for success in the role.