transfer payment

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noun

any payment made by a government for a purpose other than that of purchasing goods or services, as for welfare benefits.

any money received that is neither a payment for goods or services nor investment income.

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Origin of transfer payment

First recorded in 1940–45

Words nearby transfer payment

transfer list, transfermium, transfer molding, transferor, transfer orbit, transfer payment, transfer pricing, transferral, transferrin, transfer RNA, transfer station

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use transfer payment in a sentence

We’ve looked at the effect of transfer payments, and that, too, has a substantial positive effect on consumption.
Remembrance of Economic Crises Past (Ep. 425)|Stephen J. Dubner|July 9, 2020|Freakonomics
Parents who want to transfer custody of a child to someone other than a relative must seek permission from a judge.
Judge: Rehoming Kids Is Trafficking|Tina Traster|December 30, 2014|DAILY BEAST
“I ran for my life,” said Tenayo, who is a home attendant for an autistic resident, but wants to transfer because of the crime.
Anger at The Cop Killer - And The Police|M.L. Nestel|December 21, 2014|DAILY BEAST
He suggested I needed mental help, and offered to help me transfer to another college.
I Was Gang Raped at a UVA Frat 30 Years Ago, and No One Did Anything|Liz Seccuro|December 16, 2014|DAILY BEAST

All the junkies try to transfer to them, for the abundance of morphine.
A Million Ways to Die in Prison|Daniel Genis|December 8, 2014|DAILY BEAST
Jasmin helps her transfer in and out of her wheelchair, get dressed, and bathe.
Care Providers Fight for $15 and a Union|Jasmin Almodovar, Shirley Thompson|December 5, 2014|DAILY BEAST
Given that, you can see at once the reason for the wages paid and the full measure of the payment.
The Unsolved Riddle of Social Justice|Stephen Leacock
The zemindar was not a man who would accept payment, so Mr. Mayne gave his servants some money.
The Red Year|Louis Tracy
So the courts abandoned the rule founded on the part payment of the purchase price.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles
He, Bastien-Lepage, painter of the soil, found himself unable to transfer to canvas the enchantment of that land of fairy tale!
Bastien Lepage|Fr. Crastre
Giles; aluminium and its bronze in 1864; the transfer process in 1856 by Tearne and Richmond.
Showell's Dictionary of Birmingham|Thomas T. Harman and Walter Showell

British Dictionary definitions for transfer payment

transfer payment

noun

(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 & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for transfer payment

transfer payment

Income transferred from one party to another without a corresponding exchange of goods or services. Examples are a corporation's charitable contributions or a government's provision of social services.