transfer payment
noun Date: circa 1945 1. a public expenditure made for a purpose (as unemployment compensation) other than procuring goods or services — usually used in plural 2. plural money (as welfare payments) that is received by individuals and that is neither compensation for goods or services currently supplied nor income from investments

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • transfer payment — ➔ payment * * * transfer payment UK US noun [C or U] US FINANCE, GOVERNMENT, TAX ► TRANSFER INCOME(Cf. ↑transfer income) …   Financial and business terms

  • transfer payment — n. a disbursement for which neither goods nor services have been given in return; specif., a disbursement by a government in the form of welfare or a subsidy …   English World dictionary

  • Transfer payment — In political science and economics, a transfer payment is a payment of money from a government to an individual for which no good or service is required in return. In economics, government transfer payments can be considered a negative tax, since …   Wikipedia

  • transfer payment — transfer income A payment made or income received in which no goods or services are being paid for. Pensions, unemployment benefits, subsidies to farmers, etc. , are transfer payments; they are excluded in calculating gross national product …   Big dictionary of business and management

  • Transfer Payment — 1. In the United States, a payment made to individuals by the federal government through various social benefit programs. 2. In Canada, a payment made to the provinces and territories by the federal government. 1. Transfer payments are made by… …   Investment dictionary

  • transfer payment — 1. any payment made by a government for a purpose other than that of purchasing goods or services, as for welfare benefits. 2. any money received that is neither a payment for goods or services nor investment income. [1940 45] * * * …   Universalium

  • transfer payment — noun Economics a payment by a government not made in exchange for goods or services, such as a benefit payment or subsidy …   English new terms dictionary

  • transfer payment — trans′fer pay ment n. 1) ban any payment made by a government for a purpose other than that of purchasing goods or services, as for welfare benefits 2) can. (in Canada) a payment from the federal to a provincial government • Etymology: 1940–45 …   From formal English to slang

  • transfer payment — noun a public expenditure (as for unemployment compensation or veteran s benefits) that is not for goods and services • Hypernyms: ↑outgo, ↑spending, ↑expenditure, ↑outlay …   Useful english dictionary

  • transfer income — UK US noun [C or U] UK (US transfer payment) FINANCE, GOVERNMENT, TAX ► money from the government in the form of benefits (= payments for people who cannot find a job or are too ill to work), subsidies (= money given to reduce the cost of… …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”