Definition
A transferrer is someone who transfers something to another person or entity. It is an alternative spelling of 'transferer,' both meaning the one who initiates the transfer. They are giving something, be it property, rights, or responsibilities. Think of it as the sender in the transfer. Like 'transferer', the transferrer sets the transfer into motion. It's someone initiating the transfer action. Both spellings are acceptable, although 'transferer' is more common.