transfer payment


Also found in: Thesaurus, Financial, Wikipedia.
Related to transfer payment: transfer earnings

transfer payment

n.
A noncompensatory government payment to individuals, as for welfare or social security benefits.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

trans′fer pay`ment


n.
1. any payment made by a government for a purpose other than that of purchasing goods or services, as for welfare benefits.
2. (in Canada) a payment from the federal to a provincial government.
[1940–45]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The mere fact that Curtis has not yet made an electronic fund transfer payment or sought to cancel any preauthorized electronic fund transfer payment does not render his injury hypothetical.
San Francisco, CA, August 20, 2015 --(PR.com)-- Global payments platform, Paymentwall, finished integration of SEPA Direct Debit bank transfer payment method to let global merchants and businesses easily receive euro payments.
Partner with Mercer Matthew Demwell said: "Many DB members are likely to want to access that flexibility but, under current rules, they can only do so by taking a transfer payment to DC.
A transfer payment is a redistribution of income in the market system.
What about tax-rate increases instead of transfer payment decreases or tax expenditure decreases?
Alnylam Pharmaceuticals has earned a $20 million technology transfer payment from Takeda Pharmaceutical Company Ltd.
The inquiry into Australia's Future Tax System will consider improvements to the tax and transfer payment system for individuals and families.
While Indiana's transfer payment share closely resembles that of the overall United States, there is actually quite a bit of variability among the states.
BOLTON have handed a shock free transfer to winger Nicky Summerbee - after making a final transfer payment to Sunderland of pounds 125,000 just two weeks ago.
It will be shown that the welfare of the transferee country could decrease after a transfer payment if a tariff has been assumed to exist in the transferee country.
Overall in the state, medical transfer payments represent an increasing share of the transfer payment total for both urban and most rural counties, rising by 8 to 9 percent between the mid 1980s and 1993.