WHAT DOES TRANSFER PAYMENT MEAN IN ENGLISH?
Transfer payment
In economics, a
transfer payment is a redistribution of income in the market system. These payments are considered to be non-exhaustive because they do not directly absorb resources or create output. In other words, the transfer is made without any exchange of goods or services. Examples of certain transfer payments include welfare, social security, and government making subsidies for certain businesses. Use for administrative: In some federal systems the term can be also used to refer to payments from one order of a government to another; for example in Canada, transfer payments usually refer to a system of payments from the federal government to the provinces. Major Canadian transfer payments include equalization payments, the Canada Health Transfer and the Canada Social Transfer and Territorial Formula Financing. Transfer payments are not a part of the national income so they are cut from national income to get n.n.p in order to arrive national income such payments are bad debts incurred by banks, payments of pensions, charity, scholarships etc. In the UK they have several transfer payments such as EMA and a job seeker's allowance.
Definition of transfer payment in the English dictionary
The definition of transfer payment in the dictionary is money received by an individual or family from the state or other body, often a pension or unemployment benefit. It is not reckoned when calculating the national income as it is money transferred rather than paid for merchandise or a service rendered.
10 ENGLISH BOOKS RELATING TO «TRANSFER PAYMENT»
Discover the use of
transfer payment in the following bibliographical selection. Books relating to
transfer payment and brief extracts from same to provide context of its use in English literature.
The effect of the transfer payment on the equilibrium level of the national income
can be obtained by inserting GT - 50 in Eq. (7.27) which can now be rewritten as
Y = 100 + 0.75(7 - 100 + 50 ) + 200 + 100 (7.28) Y(l- 0.75) = 100 - 75 + 37.50 + ...
2
Proceedings of the 2nd International Conference on Green ...
The finance transfer payment system is based on the tax distribution system of
1994, and it composes three parts, i.e. the tax rebates [5], the general transfer
payment, and the special transfer payment, and it is the transfer payment system
with ...
Yuhang Yang, Maode Ma,
2013
3
Principles Of Macroeconomics
APPENDIX-1 Treatment of Transfer Payment: An Extended Model In the
introductory section, we discussed the role of transfer payment and its impact on
aggregate expenditure. Let us remind ourselves that, unlike government
expenditure on ...
T.R.Jain, TR Jain, VK Ohri, BD Majhi, Ohri
4
Managing the Risks of
Payment Systems
Important: The risks of the wire transfer payment system are best controlled
before a wire transfer order is released by the company to its bank. Preventing
errors and fraud are very difficult thereafter. STUDY OF A BANK'S PERSPECTIVE
OF ...
Paul S. Turner, Diane B. Wunnicke,
2003
5
The U.S.
Payment System: Efficiency, Risk and the Role of ...
Float is the time period between when a payment is tendered and when
investible funds are made available to the payee.7 Strictly speaking, float
generates a transfer payment of the interest earned on these funds from one part
of society to ...
6
Essentials Of Macroeconomic Management, 1E
Transfer Payments: A transfer payment is a payment of money made to an
individual by the government or a business firm for which there is no
corresponding good or service exchanged in the accounting period. Transfer
payments (receipts) ...
7
Macroeconomic Theory, 13E
Transfer Payments: A transfer payment is a payment of money made to an
individual by the government or a business firm for which there is no
corresponding good or service exchanged in the accounting period. Transfer
payments (receipts) ...
8
The Case Manager's Training Manual
Payment for these postacute transfers cannot exceed the sum of 50 percent of the
regular transfer payment and 50 percent of the regular DRG payment. The Exhibit
9-4 10 DRGs Affected by the Hospital Transfer Rule DRG 14 Cerebrovascular ...
9
Glocalized Solutions for Sustainability in Manufacturing: ...
Based on these parameters, the OEM then specifies the transfer payment
function determining the amount to be paid by him to the suppliers. In this fixed-
price contract, a component specification equal or higher than the required
specification ...
Jürgen Hesselbach, Christoph Herrmann,
2011
10
Tropical Marine Aquarium
Not included as it is a transfer payment. 4. Included as it is a capital good and
hence a final good. 5. Included as it is a factor income earned by a normal
resident. 6. Not included as it is interest on money used for consumption purpose
and ...
Vincent B. Hargreaves,
1978
4 NEWS ITEMS WHICH INCLUDE THE TERM «TRANSFER PAYMENT»
Find out what the national and international press are talking about and how the term
transfer payment is used in the context of the following news items.
Ontario to get $1.3 billion extra in federal transfer payments
OTTAWA—Ontario is getting $1.25 billion in extra cash from Ottawa next year, a boost which helps take the sting out of the $640 million in transfer payments the ... «Toronto Star, Dec 14»
Manitoba to receive $3.4 billion in federal transfer payments
Manitoba to receive $3.4 billion in federal transfer payments ... Both the health and social transfer totals are up from last year, while the equalization payment is ... «Winnipeg Free Press, Dec 14»
Thousands of property chains on the line as Chaps money transfer …
The Bank of England said the mechanism it uses to transfer payments between commercial banks - which includes that used to purchase houses - was hit by ... «Daily Mail, Oct 14»
You Can Thank Transfer Payments For Boosting The US GDP …
What is not generally recognized is that a great deal of the strength is derived from increases in personal transfer payments by the government. This can be seen ... «The Business Insider, Dec 10»