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transfer agent

American  

noun

  1. a person, bank, or trust company officially designated to act for a corporation in executing and recording the transfers of its stock from one legal owner to another.


Example Sentences

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Shareholders who would be entitled to receive fractional shares will instead receive a cash payment from the company’s transfer agent, Computershare Trust Company.

From The Wall Street Journal ● May 26, 2026

Securitize will become NYSE’s first digital transfer agent, which allows it to create shares for stocks and exchange-traded funds as digital tokens on a blockchain, the distributed ledger technology behind bitcoin and other cryptocurrencies.

From The Wall Street Journal ● Mar. 24, 2026

It is the largest mutual fund transfer agent, and largest hedge fund and private-equity fund administrator.

From Barron's ● Jan. 23, 2026

To prosecute a money transfer agent, which rarely happens, law enforcement typically would need to prove the agent knew the money being transferred was intended to be used for an illegal act, she added.

From Reuters ● Dec. 7, 2021

For acting as registrar or as transfer agent it is usual to make a fixed charge per annum, based on the amount of labor involved.

From Readings in Money and Banking Selected and Adapted by Chester Arthur Phillips

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