Definitions (3)

1.Banking: Moving funds among two or more accounts held by the same or different entities.
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.

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  • The boy's parents promised to transfer one hundred dollars to his bank account every month while he was away at college.

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  • Sometimes it is a good idea to use a transfer of funds instead of cash because it will make things a lot easier.

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