first beneficiary of a transferable credit

例句：

1. 1. The company's shares are transferable through a stock exchange.
   该公司的股票可以通过证券交易所进行交易。
2. 2. The patent is transferable to any other party.
   这项专利可以转让给任何其他方。
3. 3. The transferable assets include cash, property, and intellectual property.
   可转移的资产包括现金、财产和知识产权。