transfer payment

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. 2014.

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  • 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 — 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 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… …   New Collegiate Dictionary

  • 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

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