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 in the case of a tax, people pay the government without getting any good or service in direct exchange.
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transfer payment
Noun
1. a public expenditure (as for unemployment compensation or veteran's benefits) that is not for goods and services
(hypernym) outgo, expenditure, outlay
Transfer Payment
not involving the exchange of goods and services e.g. students grants, social security payments.
Transfer payment
A payment of money by the government to an individual that does not form part of an exchange but rather represents a gift without anything being received or required in return. Examples of transfer payments would include student scholarship grants, welfare checks, and social security benefits. Establishing programs providing for transfer payments from the budget to particular favored categories of the population represent one of the most direct ways in which a government may pursue policies of income redistribution.
Transfer payment
Transfer payment
(Econ) Thanh toán chuyển nhượng.+ Khoản thanh toán (thường do chính phủ) cho một cá nhân mà không tạo thành một phần của việc trao đổi hàng hoá và dịch vụ.
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