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transfer |
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transferTo send data over a computer channel or bus. "Transfer" generally applies to transmission within the computer system, and "transmit" refers to transmission outside the computer over a line or network. transfer 1. a design or drawing that is transferred from one surface to another, as by ironing a printed design onto cloth 2. Law the passing of title to property or other right from one person to another by act of the parties or by operation of law; conveyance How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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While purchasing insurance solely in the name of the entity appears to solve this coverage gap, this may leave the transferor vulnerable to loss. 1001-1(e), where a property transfer is part sale and part gift, the transferor has a gain to the extent that the amount realized exceeds the property's adjusted basis. 74-503--including whether the transferor and the transferee each have zero basis in stock received in the exchange--are "under study" by the IRS. |
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