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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

From Barron's

Instead of relying on old-school paperwork, transfer agents, or settlement systems that take days, the token itself acts as the proof of ownership and can move instantly between approved investors.

From MarketWatch

Top Japanese trust banks also have been aggressively expanding into this field of business by leveraging their client base for traditional shareholder record-keeping services as share transfer agents.

From Reuters

Growing shareholder activism has generated opportunities for Mizuho Trust and other major trust banks as they expand beyond their traditional stock transfer agent business in search of new revenue drivers such as corporate governance consulting.

From Reuters

Under Hussein’s arrangement, his family’s payments remained in the hands of the money transfer agent in Ranya until he signalled his arrival and authorised release to the smuggler contact.

From Reuters