transfer payment
noun
1
: a public expenditure made for a purpose (such as unemployment compensation) other than procuring goods or services
—usually used in plural
2
transfer payments plural
: money (such as welfare payments) that is received by individuals and that is neither compensation for goods or services currently supplied nor income from investments
Examples of transfer payment in a Sentence
Recent Examples on the Web
Government spending is totally out of control, and the number of people who are partially or wholly dependent on government transfer payments has mushroomed.
—
Dave Birnbaum, Forbes, 21 Nov. 2024
Zoom in: There are multiple types of counties with high rates of transfer payments.
—Neil Irwin, Axios, 20 Nov. 2024
Chechen authorities receive roughly 85 percent of their state budget in the form of federal transfer payments from Moscow.
—Neil Hauer, Foreign Affairs, 4 Feb. 2019
Fourth, in 2024, the central government will arrange transfer payments to local governments of more than 10 trillion yuan, of which balanced transfer payments will increase by 8.8%, and county-level basic financial guarantee mechanism reward and subsidy funds will increase by 8.6%.
—Brendan Ahern, Forbes, 14 Oct. 2024
See all Example Sentences for transfer payment 
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Dave Birnbaum, Forbes, 21 Nov. 2024
Zoom in: There are multiple types of counties with high rates of transfer payments.
—Neil Irwin, Axios, 20 Nov. 2024
Chechen authorities receive roughly 85 percent of their state budget in the form of federal transfer payments from Moscow.
—Neil Hauer, Foreign Affairs, 4 Feb. 2019
Fourth, in 2024, the central government will arrange transfer payments to local governments of more than 10 trillion yuan, of which balanced transfer payments will increase by 8.8%, and county-level basic financial guarantee mechanism reward and subsidy funds will increase by 8.6%.
—Brendan Ahern, Forbes, 14 Oct. 2024
See all Example Sentences for transfer payment
Dictionary Entries Near transfer payment
Cite this Entry
“Transfer payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transfer%20payment. Accessed 2 Dec. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share