Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• TRANSFER TAX, TRANSFER FEE - Fees and taxes imposed by state and local governments when title passes fr...
  
  
• TRANSFERABLE LETTER OF CREDIT - Document that allows the first beneficiary on a standby bank assurance ...
  
  
• TRANSFERABLE PUT RIGHT - An option issued by a firm to its shareholders to sell the firm one share of i...
  
  
• TRANSFERABLE STOCK OPTIONS - Options that provide by their terms that they may be transferred by the op...
  
  
• TRANSFEREE - The party who has received the benefits of a letter of credit by action of a transfer.
  
  
• TRANSFEROR - The beneficiary of a transferable letter of credit who causes a bank to transfer the credi...
  
  
• TRANSFORM - A process to change or convert. For example, a simple moving average is a filter to reduce ...
  
  
• TRANSIT CHECK - a check not in the defined local area
  
  
• TRANSIT ITEM - A check deposited and processed for collection that is drawn on another bank.
  
  
• TRANSIT NUMBER - see ABA number.