- bulk transfer
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noun
large asset transfer, main asset transfer, major business asset transfer
Burton's Legal Thesaurus. William C. Burton. 2006
- bulk transfer
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n.A form of commercial fraud in which a business sells most of its stock and then fails to pay creditors.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- bulk transfer
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See: bulk saleCategory: Business, LLCs & Corporations → Business Accounting, Bookkeeping & FinancesCategory: Business Cash Flow Problems & BankruptcyCategory: Business, LLCs & Corporations → Business Tax & DeductionsCategory: Business, LLCs & Corporations → Buying or Selling a BusinessCategory: Personal Finance & Retirement → Taxes → Tax Audits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- bulk transfer
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A payment from the seller's pension scheme to the buyer's scheme in respect of those transferring employees who join the buyer's scheme and in respect of whom a transfer will be made from the seller's scheme ("consenting members"). After the bulk transfer, the consenting members cease to be entitled to benefits under the seller's scheme and become entitled to benefits under the buyer's scheme instead. The bulk transfer represents the aggregate of the value of the consenting members' benefits in the seller's scheme.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
- bulk transfer
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A sale of all or most of the materials, supplies, merchandise, or other inventory of a business at one time that is not normally done in the ordinary course of the seller's business.
Dictionary from West's Encyclopedia of American Law. 2005.
- bulk transfer
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A sale of all or most of the materials, supplies, merchandise, or other inventory of a business at one time that is not normally done in the ordinary course of the seller's business.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- bulk transfer
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Law dictionary. EdwART. 2013.
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