Definitions
There is 1 meaning of the phrase
Transfer Payment.
Transfer Payment - as a noun
A public expenditure (as for unemployment compensation or veteran's benefits) that is not for goods and services
Example Sentences
"The government made a transfer payment to support low-income families."
"She received a transfer payment from her employer as part of her severance package."
"The social welfare program provides transfer payments to help those in need."
"His disability qualifies him for a monthly transfer payment from the government."
"The student received a transfer payment from the scholarship fund."