FREE TRANSFERABILITY OF INTEREST
\fɹˈiː tɹansfˌɜːɹəbˈɪlɪti ɒv ˈɪntɹəst], \fɹˈiː tɹansfˌɜːɹəbˈɪlɪti ɒv ˈɪntɹəst], \f_ɹ_ˈiː t_ɹ_a_n_s_f_ˌɜː_ɹ_ə_b_ˈɪ_l_ɪ_t_i_ ɒ_v ˈɪ_n_t_ɹ_ə_s_t]\
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One party selling or giving its ownership to another party. No permission is needed is this is a fractional ownership. For example, a part-owner of company sell his/her portion to another entity, with no approval needed from the other owners.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.
Nearby Words
- free trade
- free trade agreement
- free trade area
- free trade zone (ftz)
- free trader
- FREE TRANSFERABILITY OF INTEREST
- free verse
- free weight
- free will
- free world
- free zone