transferor

noun

trans·​fer·​or ˌtran(t)s-(ˌ)fər-ˈȯr How to pronounce transferor (audio)
: one that conveys a title, right, or property

Examples of transferor in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Typical transfer agreements require transferors to comply with the prevailing wage and apprenticeship rules for alterations and repairs. Marie Sapirie, Forbes, 21 Oct. 2024 If a partnership transfers property to a foreign corporation, the U.S. partners (and not the partnership) must separately file the form with each domestic partner treated as a transferor of its proportionate share of the property. Matthew Roberts, Forbes, 9 Sep. 2024 Ten-thousand-dollar fines and imprisonment up to 10 years, for both possessor and transferor. Kendra Rey, Dallas News, 8 Sep. 2023 Use of a formula clause or QTIP trust can allow the gift to be made in an amount that would not exceed the transferor’s available exemption, even if the lifetime exemption changed during the year. Peter J Reilly, Forbes, 25 Sep. 2021 As but one example, several significant tax cases (Powell and Moore) suggest that planning may have to be carefully structured to remove control over distributions, liquidation and perhaps other key entity matters, from the transferor’s reach. Martin Shenkman, Forbes, 23 June 2021 Allows film and digital media production tax credits to be claimed against the sales and use tax if there is common ownership of at least 50% between the transferor and transferee and at 92% of face value. Christopher Keating, courant.com, 22 Apr. 2021 This type of deed does not affect the transferor’s homestead rights, their right to transfer or encumber the property, or their ad valorem tax exemptions. Wesley E. Wright, Houston Chronicle, 16 Apr. 2020 It is designed to hold assets and handle income of the transferor. Wesley E. Wright, Houston Chronicle, 19 July 2019

Word History

First Known Use

1875, in the meaning defined above

Time Traveler
The first known use of transferor was in 1875

Dictionary Entries Near transferor

Cite this Entry

“Transferor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transferor. Accessed 26 Nov. 2024.

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