transfer agent (Meaning)
transfer agent (n)
an agency (usually a bank) that is appointed by a corporation to keep records of its stock and bond owners and to resolve problems about certificates
Synonyms & Antonyms of transfer agent
No Synonyms and anytonyms found
transfer agent Sentence Examples
- The transfer agent is responsible for facilitating the transfer of stock ownership from one party to another.
- The company's transfer agent maintains a record of all shareholders and their respective holdings.
- Shareholders can contact the transfer agent to request a change of address or to split or combine their shares.
- When a dividend is declared, the transfer agent processes the payments to eligible shareholders.
- The transfer agent assists in stock splits, mergers, and other corporate actions that require the adjustment of share ownership records.
- Shareholders can request a stock certificate or have their shares held in electronic form through the transfer agent.
- The transfer agent ensures compliance with regulatory requirements regarding stock ownership and transfer.
- Shareholders can reach out to the transfer agent for assistance with lost or stolen stock certificates.
- Transfer agents play a crucial role in maintaining the accuracy and integrity of stock ownership records.
- The transfer agent fee covers the costs associated with providing these services to shareholders.
FAQs About the word transfer agent
an agency (usually a bank) that is appointed by a corporation to keep records of its stock and bond owners and to resolve problems about certificates
No synonyms found.
No antonyms found.
The transfer agent is responsible for facilitating the transfer of stock ownership from one party to another.
The company's transfer agent maintains a record of all shareholders and their respective holdings.
Shareholders can contact the transfer agent to request a change of address or to split or combine their shares.
When a dividend is declared, the transfer agent processes the payments to eligible shareholders.
