transfer of property Transfer of property means any disposition, conveyance, assignment, settlement, delivery, payment of other alienation of property, and without limiting the generally of the foregoing, includes-(a) the creation of a trust in property; (b) the grant of creation or any lease, mortgage, charge, easement, licence, power, partnership or interest in property; (c) the exercise o a power of appointment of property vested in any person not the owner of property to deter mine its disposition in favour of any person other than the donee of the power; and (d) any transaction entered into by any person with intent thereby to diminish, directly or indirectly, the value of his own property and to increase the value of the property of any other person.