Meaning Of The Word Transfer payment
What's the definition of Transfer payment? Find Transfer payment meanings, definitions and more at the Real Dictionary online.
Transfer payment Meaning
| Transfer payment Definition |
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What's The Definition Of Transfer payment?
transfer payment in American English
a disbursement for which neither goods nor services have been given in return; specif., a disbursement by a government in the form of welfare or a subsidy noun: any payment made by a government for a purpose other than that of purchasing goods or services, as for welfare benefits transfer payment in British English noun: 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 |
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