Which term means 'giving property or financial holdings to another person'?

• A. Transfer
• B. Transgression
• C. Transformation
• D. Transmission

Answer: (A)

Giving property or financial holdings to another person is described by the word transfer. The idea is moving ownership or control from one person to another, which is exactly what “transfer” conveys in legal, real estate, and banking contexts. For example, you might transfer ownership of a house by signing a deed, or transfer funds from one account to another.

The other words don’t fit as well. Transgression refers to breaking a law or rule, not handing over ownership. Transformation means a change in form or appearance, not transfer of rights. Transmission is about sending something from one place to another, like a signal or disease, rather than passing ownership.