transferee

/,trænsfə:'ri:/
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transferee

The new transferee receives a welcome packet at the office.

Definition
  1. Noun:
    • A person who is transferred: Someone who moves or is moved from one position, place, or job to another.
    • (Law) A person to whom property or a title is conveyed: The recipient in a legal transfer of ownership or rights.
Examples
  • Noun:
    • The company welcomed three new transferees from its overseas branch.
    • As the transferee of the estate, she was responsible for all the legal paperwork.
Advanced Usage
  • In corporate contexts: Often refers to an employee who is relocated to a different office, department, or country.
    • The transferee received a relocation package to assist with the move to the new city.
  • In legal and financial contexts: Specifically denotes the party receiving an asset, right, or liability.
    • The bank, as the transferee of the debt, now holds the mortgage.
Variants and Related Words
  • Transferor (n): The person or party that makes a transfer; the opposite of a transferee.
    • The transferor must sign the deed to complete the property transfer.
  • Transfer (n/v): The act or process of transferring, or the thing that is transferred.
    • The transfer of funds was completed electronically.
Synonyms
  • Recipient: One who receives something.
  • Assignee: A person to whom a right or property is legally transferred.
Related Phrases
  • Transferee liability: A legal concept where the transferee becomes responsible for the transferor's tax obligations under certain conditions.
    • The court examined the case for potential transferee liability.
transferee

The new transferee receives a welcome packet at the office.

Noun
  1. someone who transfers or is transferred from one position to another
    • the best student was a transfer from LSU
  2. (law) someone to whom a title or property is conveyed

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