Transfer On Death (TOD) form of stock ownership that permits the stockholder to select a beneficiary to receive the stock upon the death of the stockholder. The stockholder retains all rights of stock ownership during his or her lifetime.
Transfer On Death (TOD) The process of changing title of a security from one name to another upon the death of one of the titleholders.
Transfer on death (TOD): A legal agreement between you and a financial institution that lets you pass ownership of certain assets in your individual or joint account to beneficiaries you choose.
Transfer On Death - TOD A way of designating beneficiaries to receive your assets at the time of your death without having to go through probate.
Individual or institution a company appoints to look after the transfer of securities. Transfer On Death (TOD) The process of changing title of a security from one name to another upon the death of one of the titleholders.
See also: Deferral, Testamentary trust, Cash value, Death benefit, Bills
 
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