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TeachMeFinance.com - explain Transfer historic definition... Transfer -- The act of placing a certificate of stock or a registered bond in the name of~a new owner. The new owner of a stock which is in receipt of dividends or of a registered bond upon which interest is paid should have it transferred into his name before the closing of the transfer books for a dividend or for interest for the check for the dividend or interest will be sent to the person in whose name the stock or bond stands. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.