Meaning of “blank transfer” in the English Dictionary

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"blank transfer" in Business English

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blank transfernoun [ C ]

uk us FINANCE, STOCK MARKET

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.

(Definition of “blank transfer” from the Cambridge Business English Dictionary © Cambridge University Press)