IPA: //trænsˈfɪəriː//
KK: /trænsfɪˈri/
A person who receives something that is transferred to them, such as property or rights.
The transferee must sign the documents to complete the property transfer.
Transferee → It is formed from "trans-" (meaning across) and "ferre" (meaning to carry). The word "transferee" refers to a person who is being carried or moved across from one place to another.
Think of someone being 'carried across' ('trans-') to a new location — that's what a transferee is.