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transfer payment
(redirected from Transfer Income)

   Also found in: Financial, Wikipedia 0.01 sec.
transfer payment
n.
A noncompensatory government payment to individuals, as for welfare or social security benefits.

transfer payment
n
(Social Welfare) (usually plural) money received by an individual or family from the state or other body, often a pension or unemployment benefit. It is not reckoned when calculating the national income as it is money transferred rather than paid for merchandise or a service rendered
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.transfer payment - a public expenditure (as for unemployment compensation or veteran's benefits) that is not for goods and servicestransfer payment - a public expenditure (as for unemployment compensation or veteran's benefits) that is not for goods and services
expenditure, outgo, outlay, spending - money paid out; an amount spent


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Water transfer income is generated by the rental and placement of water pumps, aluminum piping for the movement of water, BOP valves and BOP operating and control systems.
com/prnh/20100429/CG95838LOGO) "Families wishing to transfer income producing assets to younger generations, or to charitable organizations, have a historic opportunity to do so with little, to no, gift tax consequences," according to Gregory Frezados, a partner with the Advanced Planning and Family Office Practice Group of Handler Thayer, LLP.
The spending review paves the way for child benefit to be removed from families with a higher-rate taxpayer, triggering speculation that business owners could transfer income to their spouses to avoid higher tax brackets.
 
 
 
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