Definition, Meaning & Synonyms
transferee
Noun
/ˌtrænsfərˈiː/
Definition
A person to whom something is transferred, typically in a legal or formal context.
Examples
- After the sale, the transferee became the new owner of the property.
- The company will notify the transferee of the change in ownership.
- In legal terms, the transferee must accept the terms outlined in the contract.
Meaning
The individual who receives rights, property, or responsibilities from another party through a transfer process.
Synonyms
- recipient
- assignee
- grantee
