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transfer payment |
Also found in: Financial, Wikipedia | 0.01 sec. |
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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
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