Transferor: meaning, definitions and examples

Used in legal and business contexts to describe a person or entity that transfers property, rights, or interests to another.

• The transferor must sign the deed in order to complete the property transfer.
• In the purchase agreement, both the transferor and transferee are clearly defined.

Mostly used in legal and real estate contexts to describe a person who grants property or rights to another, often in the context of creating a trust or transferring property ownership.

• The grantor of the trust retains control over the assets until their death.
• As the grantor of the property, she had to ensure all paperwork was completed for the deed transfer.

Primarily used in mechanical or industrial contexts to describe a person or machine that carries or transmits objects or materials from one place to another.

• The conveyor belt stopped working, causing a delay in the production line.
• He is the conveyor of the company’s vision to its employees and stakeholders.

Typically used in legal contexts to define an individual or entity that assigns rights or interests to another party.

• The assignor of the patent rights must provide a written agreement to the assignee.
• According to the contract, the assignor is responsible for the performance of the obligated tasks until the assignment is complete.

Used in formal or legal contexts when referring to someone who transfers a property, right, or interest to another party.

• The transferor must sign the deed before the transfer can be completed.
• In this agreement, the transferor agrees to sell their shares to the buyer.

A general term used to describe someone who sends something, such as a message, package, or money.

• The sender didn't include a return address on the package.
• The sender of the email forgot to attach the file.

Used when referring to the person or entity that makes a payment, typically in financial or business contexts.

• The payer should ensure all invoices are settled by the due date.
• As the payer, you are responsible for any additional charges incurred.

Used often in the context of sending money or funds, especially in banking and financial transactions.

• The remitter must include their account number on the wire transfer form.
• The remitter can track the transaction status through their online banking portal.