transfer payment

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]

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Universalium. 2010.

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Look at other dictionaries:

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  • 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

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  • 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

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  • 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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