Conferrable: meaning, definitions and examples
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conferrable
[ kənˈfɜrəbəl ]
legal terminology
Conferrable refers to the ability or potential for a right, power, or privilege to be granted or bestowed to someone. In legal contexts, this term is commonly used to describe interests that can be transferred from one party to another, often seen in discussions regarding ownership rights, contractual obligations, or statutory permissions. It implies a formal process where the authorized entity can confer certain rights or benefits to another party, thereby altering the rights and responsibilities associated with those interests.
Synonyms
assignable, bestowable, granted, transferable.
Examples of usage
- The conferrable rights were outlined in the contract.
- Only the board has conferrable powers to issue new shares.
- The conferrable privileges under this law are significant.
- Her conferrable authority allows her to make decisions on behalf of the company.
Translations
Translations of the word "conferrable" in other languages:
🇵🇹 transferível
🇮🇳 सौंपने योग्य
🇩🇪 übertragbar
🇮🇩 dapat dialihkan
🇺🇦 передаваний
🇵🇱 przekazywalny
🇯🇵 譲渡可能な
🇫🇷 transférable
🇪🇸 transferible
🇹🇷 devredilebilir
🇰🇷 양도 가능한
🇸🇦 قابل النقل
🇨🇿 přenosný
🇸🇰 prenášateľný
🇨🇳 可转让的
🇸🇮 prenosljiv
🇮🇸 flytjanlegur
🇰🇿 аударылатын
🇬🇪 მოსაცემი
🇦🇿 ötürülə bilən
🇲🇽 transferible
Etymology
The term 'conferrable' originates from the Latin verb 'conferre', meaning 'to bring together' or 'to grant'. The prefix 'con-' signifies 'together' or 'with', while 'ferre' translates to 'to carry' or 'to bear'. This compound suggests the action of carrying rights or privileges from one entity to another. The first recorded use in English dates back to the late 19th century, where it was primarily utilized in legal literature to address the transfer of rights and privileges in various contexts, such as property law and contractual agreements. Over time, its usage expanded into broader discussions involving authority and the delegation of responsibilities. The word encapsulates a formal and often procedural aspect of rights allocation, emphasizing the significance of legal frameworks in the process of conferring benefits.