noun
- people or entities that transfer property, rights, or assets to another party
Usage: legal; formal
Examples
- The transferors must sign all documents before the property sale is complete.
- Both transferors agreed to the terms of the asset transfer.
- The court ruled that the transferors had acted in good faith.
- Legal counsel advised the transferors about their obligations.
- The transferors retained certain rights even after the transfer.
- All transferors must provide valid identification for the transaction.