Legal principle that passes the risk with the property when it is sold. See risk transfer .

Movement of knowledge innovations and techniques from one country or organization to another by investment assistance, trade, licensing or training.

Ability a trainee has in applying knowledge, behaviour and skills in a learning situation to another situation.

Ownership change of controlling interest from one firm to another.

A one way payment of cash that is not for a goods or service. Often used by governments to pay social welfare .

Price of goods or services that applies to one another in multi- department, multi-national or multi-office situations.

Used when costs are transferred between departments.

Clause in shareholder agreement restricting freedom of the shareholder to sell shares.

Loss probability from converting currency imposed by foreign governments making it impossible to take money out of the country.

Levied charge on property conveyance from one person to another.

Money needed to have been saved in a pension fund to yield set amount of pension in a scheme for compensation .

The passing of a thing or of property from one person to another; alienation; conveyance. 2 Bl. Comm. 294. Transfer is an act of the parties, or of the law, […]

To carry or pass over; to pass a thing over to another; to convey.

A term used In a quasi legal sense, to indicate that the character of assignability or negotiability attaches to the particular instrument , or that it may pass from hand […]

A letter of credit that can be transfered to a partner. This transfer must be approved by the issuing bank first. Refer to confirmed, direct pay, standby, and irrevocable letter […]

L/C that is irrevocable with 2 successive beneficiaries. See back to back L/C.

When the original underwriter can transfer the commitment to another bank.

He to whom a transfer is made.

In Scotch law. The proceeding to be taken upon the death of one of the parties to a pending suit, whereby the action is transferred or continued, in its then […]

a principle that states a person is guilty of a crime if he has injured or attacked a person he hasn’t meant to harm.

Cost accounting. Incurred costs of one department moved to a different department.

One who makes a transfer. Transferuntur domlnia sine titulo et traditione, per usucaptionem, scil, per longam continnam et pacificam possessionem. Co. Litt. 113. Rights of dominion are transferred without title […]

Organization . Process of radical changes that takes the company in a new direction and effectiveness level.

A move in an organizations culture of business in strategy and processes used before now.

Leadership style where the leader has identified changes needed and creates the vision to guide the changes.