Transfer Agent Definition
noun
A bank or trust company charged with keeping a record of the shareholders of a corporation and issuing and canceling stock certificates as shares are bought and sold.
Webster's New World
An individual or business that keeps a record of all shareholders in a corporation by name, address, and number of shares owned. Not every stock transaction results in a transfer, because a considerable share of most issues is held in the street name in order to support margin or for the owner’s convenience. See also registrar.
Webster's New World Law
Other Word Forms of Transfer Agent
Noun
Singular:
transfer agent
Plural:
transfer-agents
Transfer Agent Is Also Mentioned In
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