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unconditional transfer

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unconditional transfer [¦ən·kən′dish·ən·əl ′tranz·fər]
(computer science)


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Under Muslim Law, where one Muslim signifies his willingness to make to another an immediate and unconditional transfer without consideration of the ownership of an existing and definite piece of property, and if the other accepts that transfer of ownership and if possession of the property is transferred thereupon, then a valid gift (or "Hiba" as it is called) takes place in respect of such property.
From the standpoint of Spain, a policy of unconditional transfers (as used in the time when the right to a share of revenue from the federal income tax was recognized) or block grants has been abandoned in favor of match grants.
A contribution is defined as an unconditional transfer of cash or other assets to an entity or a settlement or cancellation of its liabilities in a voluntary nonreciprocal transfer.
 
 
 
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