transfer agent

noun

1. a person, bank, or trust company officially designated to act for a corporation in executing and recording the transfers of its stock from one legal owner to another.

Example Sentences

Top Japanese trust banks also have been aggressively expanding into this field of business by leveraging their client base for traditional shareholder record-keeping services as share transfer agents.

From Reuters

Growing shareholder activism has generated opportunities for Mizuho Trust and other major trust banks as they expand beyond their traditional stock transfer agent business in search of new revenue drivers such as corporate governance consulting.

From Reuters

He said that provided a level of protection because if he fails to reach his destination, the payment is returned to the family by the transfer agent, who Hussein didn’t identify.

From Reuters

But under one proposal being considered, the transfer agents would waive that fee until the end of the year, according to proponents.

From Seattle Times

Mizuho Trust said that contracts differed from client to client, and that there are cases in which it discusses the break fee from a former transfer agent when negotiating a contract.

From Reuters