transfer

Verb: To place property in the hands of another. Culbertson v Cabeen, 29 Tex 247. To pass title. New Home Bldg. Supply Co. v Nations, 259 NC 681, 131 SE2d 425. For some purposes, to transfer legal title. Lyons v Freshman, 124 Mont 485, 226 P2d 775, 23 ALR2d 1165 (under the Uniform Stock Transfer Act). Noun: A delivery of possession. A passing of title or ownership. A bill of sale; a deed. A sale. An assignment. Every means and manner by which property can pass from the ownership and possession of one person to the ownership and possession of another, either by act of the parties or by operation of law, or both. 42 Am J1st Prop § 54. Under the Bankruptcy Act, the sale and every other and different mode, direct or indirect, of disposing of or of parting with property or with an interest therein or with the possession thereof, or of fixing a lien upon property or upon an interest therein, absolutely or conditionally, voluntarily or involuntarily, by or without judicial proceedings, as a conveyance sale, assignment, payment, pledge, mortgage, lien, encumbrance, gift, security, or otherwise, including the retention of a security title to property delivered to a debtor. Bankruptcy Act § 1(30); 11 USC § 1(30). A ticket or token given by a carrier to a passenger which entitles him to transportation upon another line of the carrier.