Glossary

Nontransferable

Nontransferable is the incapability of being assigned to another party; a credit card holder cannot give someone else the privilege of using his or her card.

Example, credit cards are nontransferable or can not be used by another person except the card holder or the person who applied and awarded the said card.

Ref: 122578/2006-10-10


Other Database Pages Exist for this Phrase:
Ability (From Social Ability)
Capability (Capability has to do with the ability to execute ...)

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