Income payments to persons, generally in monetary form, for which they do not render current services.
Money given by the government to its citizens. Examples include Social Security, unemployment compensation, welfare, and disability payments.
Transfer payments are payments for which no good or service is exchanged. This includes things like benefits, pensions and lottery payments. A significant proportion of government expenditure is on transfer payments.
Payments for which no goods or services are provided in return. Examples of government transfer payments include social security payments and unemployment insurance payments.
Payments made to an individual or organization for which no current or future goods or services are required in return. Federal transfer payments include welfare, Social Security, and unemployment benefits. (BEA)
Payments of benefits and subsidies by the government.
transfers of money from the Province to an individual, an organization or another government for which the Province does not receive any goods or services directly in return, expect to be repaid in the future, nor expect a financial return. 4.3.14
Payments to individuals by government and business for which no goods or services are currently rendered. Examples are benefits from social insurance funds, relief payments, military pensions, and corporate gifts to nonprofit institutions.
Payments received which are not in return for providing a goods or service; transfer payments are a redistribution of income.
Payments from the government to individuals used to redistribute a country's wealth. Examples are pensions, welfare, and unemployment benefits.
Transfer payments include all amounts received by the Government from another government under the terms of a specific cost-sharing agreement.
Payments in return for which no good or service is currently received, such as welfare or Social Security payments or money sent to relatives abroad. (BEA)
Payments in return for which no good or service is currently received--for example, welfare or Social Security payments or money sent to relatives abroad. (Bureau of Economic Analysis)
Are social benefits paid to individuals or households by government.