Dictionary

transfer payment

noun

Definition of TRANSFER PAYMENT

1
:  a public expenditure made for a purpose (as unemployment compensation) other than procuring goods or services —usually used in plural
2
plural :  money (as welfare payments) that is received by individuals and that is neither compensation for goods or services currently supplied nor income from investments

First Known Use of TRANSFER PAYMENT

circa 1945

Browse

Next Word in the Dictionary: transfer picturePrevious Word in the Dictionary: transfer paperAll Words Near: transfer payment
July 02, 2015
apprehension Hear it
comprehension or the fear of future evil
Take a 3-minute break and test your skills!
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears