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These promises were initially issued by individuals or companies as banknotes or as the transferable book entries that came to be called deposits.
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In the airline industry for example, one can observe that while competition between airlines has lowered the price of the cheapest economy seats (booked off-season, non-refundable, non-transferable, booked in advance), the most expensive seats (first or business class, flexible dates, refundable) have experienced rapid price inflation.
"What does it mean for the function of a book, the transfer of information from an author's mind into a reader's, when the book becomes an easily transferable chunk of data not bound to a physical medium?
Once snippets, articles and pages of books become ubiquitous, shuffle-able and transferable, users will earn prestige and perhaps income for curating an excellent collection.
Celebrity culture insists that if someone is gifted in one area then they should naturally be allowed to make fragrances or write children's books, as if talent were an infinitely transferable resource.
Thanks to this book everybody should come to know that general, transferable skills don't exist.
I imagined that few of the people who read my books and articles about religion would be a transferable fan base for true crime.
While tickets on the company's regular fares are fully changeable and even transferable, the deeply discounted fares of $38 are nonrefundable and nonchangeable and can only be booked on the Internet.
The new media centre has been fitted out with macs, printers and design software as well as reference books and a picture archive to enable prisoners to learn media production skills that will be transferable to the workplace.
Is it transferable?
It is not transferable.
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CEO of Professional Science Editing for Scientists @ prosciediting.com