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
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.
In 2024, more than 1.43 million families in Yemen received humanitarian cash transfer payments. Sarah Ferguson, Forbes, 20 Mar. 2025 The majority of the cash influx instead went on the final costs of extending the Anfield Road End and meeting those significant transfer payments. Chris Weatherspoon, The Athletic, 20 Mar. 2025 The federal government should thus make large transfer payments to businesses (on the condition that those businesses maintain their pre-crisis payrolls) in order to make up for falling demand. Matthew J. Slaughter, Foreign Affairs, 26 Mar. 2020 Funding for a sovereign wealth fund, according to Reuters, may come from surplus reserves, trade surpluses, bank reserves, foreign currency operations, money from privatizations and government transfer payments. Greta Cross, USA TODAY, 3 Feb. 2025 See All Example Sentences for transfer payment

Word History

First Known Use

circa 1945, in the meaning defined at sense 1

Time Traveler
The first known use of transfer payment was circa 1945

Browse Nearby Words

Cite this Entry

“Transfer payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/transfer%20payment. Accessed 31 Mar. 2025.

More from Merriam-Webster on transfer payment

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!