TRANSFER
1. Giving the ownership of an asset, funds, and real estate properties from one party to another. The process involves exchanging of funds when changing the ownership. For instance, when an investor sells a real estate property. In that case, the title will be transferred from the seller to the buyer, and the funds will be exchanged at the same time, based on the negotiated price.
2. Moving an account from one bank or brokerage company to another.
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