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词汇 blank-transfer
释义 blank transfer
noun[ C ]
 FINANCE, STOCK MARKETukus
a document that someone who has lent another person money can write their name on in order to become the owner of that person's shares. They will only do this if the owner of the shares does not pay their money back:
Blank transfers can be deposited with a bank, when shares are being used as a security for a loan.

Examples of blank transfer


blank transfer
Together with that charge or mortgage, a blanktransfer is deposited and also the certificate for the shares.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
An executive director has one share signed on a blanktransfer; and that applies right through industry to-day.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The usual practice, perhaps, is that there is another document in addition to the blanktransfer.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It is true it has not been transferred to you, you have it on a blanktransfer, but we want you to put to our credit £5,000.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Thirdly, there is the case when blank transfers are used for ordinary mortgage purposes.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
He said that blank transfers were perfectly legitimately employed sometimes when one has to go and see one's bank manager.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
At present, it is possible to use blank transfers—transfers without the name or signature of the transferee on them—for certain purposes.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The second sort of usual use of blank transfers is for qualifying shares by directors.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The seller's broker can pass them on unstamped in the same way as at present he can pass on blank transfers unstamped.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These are quite normal occasions when blank transfers are used.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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