transfer payment

noun

A redistribution of income in the market system initiated by a government, such as welfare, social security, etc.

Similar
government transfertransfer

Meanings

nountransfer payment (plural transfer payments)

plural transfer payments

  1. economicsA redistribution of income in the market system initiated by a government, such as welfare, social security, etc.

    Synonyms: government transfer, transfer

Synonyms & antonyms

nounA redistribution of income in the market system initiated by a government, such as welfare, social security, etc.

Similar
government transfertransfer

Translations

Chinese Mandarin 轉移支付 /转移支付
  • 轉移支付 /转移支付 (zhuǎnyí zhīfù)redistribution of income
Finnish tulonsiirto
  • tulonsiirtoredistribution of income
Cite this entry
APA

transfer payment. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/transfer%20payment

MLA

“transfer payment.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/transfer%20payment. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “transfer payment,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/transfer%20payment.

Source: transfer payment on Wiktionary, CC BY-SA 4.0.