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"transfer payment" Definitions
  1. a public expenditure made for a purpose (such as unemployment compensation) other than procuring goods or services
  2. (plural [transfer payments]) 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
"transfer payment" Synonyms

39 Sentences With "transfer payment"

How to use transfer payment in a sentence? Find typical usage patterns (collocations)/phrases/context for "transfer payment" and check conjugation/comparative form for "transfer payment". Mastering all the usages of "transfer payment" from sentence examples published by news publications.

Politically, there may be an illegitimate benefit to camouflaging a rich/poor transfer payment as a payment for fictitious insurance.
One big problem, Ms. Hill said, is that borrowers often need their previous servicer to transfer payment records to FedLoan.
Specifically, the license pertains to e-money issuing and payment services provision and includes credit transfer, payment transactions and money remittance.
In addition, the largest transfer payment in the history of mankind has become one of the biggest corporate subsidies in history.
That's progress, especially if, like Ryan, you view gains against poverty made through work as more legitimate than those made through transfer payment.
Half of Southern's transfer payment will go to a fund dedicated to social projects in the area, Proinversion director Alberto Ñecco said on Tuesday.
In the weeks since the card officially launched, Apple and Venmo have each announced their own plastic cards as accessories to their transfer payment services.
Part of the drop in profits in the fourth quarter was a result of a $20.8 billion transfer payment related to the BP oil spill in the Gulf of Mexico in 2010.
In practice, the authors suggest, trade shocks catalyze anti-redistributionist sentiment (seen in the election of conservative Republicans) in majority white non-Hispanic locations where taxpayers may perceive themselves as transfer-payment donors.
Profits tumbled at an 8.4 percent pace in the fourth quarter, when they were held down in part by a $20.8 billion transfer payment related to the BP oil spill in the Gulf of Mexico in 2010.
Part of the drop in profits in the fourth quarter was due to a $20.8 billion transfer payment related to the BP oil spill in the Gulf of Mexico in 2010, which was the largest U.S. offshore oil spill.
However, when health insurance is used to cover expenses that are not uncertain, but are sure to be incurred such as immunizations or wellness checkups it is no longer insurance, but simply a transfer payment made through an insurance company to pay for the healthcare of the poor.
The Northern Cape Heritage Resources Authority receives an annual transfer payment from the Northern Cape Department of Sport, Arts and Culture.
Amafa receives an annual transfer payment from the KwaZulu-Natal Premier's Department. This, together with earnings from application fees and income generated by the sites which it manages, covers its operational costs.
More than 100 million poor people worldwide receive a government transfer payment. It is estimated that 90% of high-income nations make these payments via electronic transfer methods, whereas over half of the world's developing countries utilizes paper payments such as cash or checks. Transfer payment via cash is the most popular method of transferring benefits to beneficiaries. However, cash transfer programs are constrained by three factors: financial resources, institutional capacity, and ideology, particularly in countries in the Global South.
A cash transfer is a direct transfer payment of money to an eligible person. Cash transfers are either unconditional cash transfers or conditional cash transfers. They may be provided by organisations funded by private donors, or a local or regional government.
In macroeconomics and finance, a transfer payment (also called a government transfer or simply transfer) is a redistribution of income and wealth by means of the government making a payment, without goods or services being received in return. These payments are considered to be non-exhaustive because they do not directly absorb resources or create output. Examples of transfer payments include welfare, financial aid, social security, and government subsidies for certain businesses. Unlike the exchange transaction which mutually benefits all the parties involved in it, the transfer payment consists of a donor and a recipient, with the donor giving up something of value without receiving anything in return.
In 2009, GSMA made a grant to Safaricom to support the development of a social transfer payment project via M-Pesa.M-PESA M-PESA was developed by Vodafone and first deployed by its Kenyan affiliate Safaricom. In May 2012, there were over 15 million customers of M-PESA in Kenya.
Ukash users were given a unique 19-digit code representing their prepaid money; this was entered when making a transfer, payment or purchase online. If the purchase was less than the value of the code a new 19-digit code could be provided by merchants able to issue ukash, just like change in an offline cash transaction.
This additional weight lessens the payload and the profitability of the commercial version. This could either be compensated by a transfer payment at acquisition, or an operating penalty compensation payment. Most important, it is not clear that there will be an adequate market for the civil version or that it will be cost competitive with derivatives of passenger aircraft.
As a result, the financial institutions at basic levels that were responsible for social security functions encountered the problem of financial strain, resulting in the weakness of social security functions. Besides, the existing transfer payment system was highly correlated with the level of economic development, yet local government expenditures in backward and rural areas showed an unreasonable structure, which intensified the lack of social security supply.
To discourage trading, a system of quarantine was in force. The SM-liiga stripped the limitations for players, replaced quarantine with a then-modest transfer payment, and introduced the transfer list. Players wanting a transfer were to sign up, and the SM-liiga would distribute the right of negotiations to clubs. In practice, the list was not successful, as both parties often worked their way around the formalities.
The main reasons for the large expansion were the expanded transfer payment to the households that occurred, along with growing interest and public consummation. Everything was financed by heavy tax increases. The entire 1970s was an expansive period. Besides the new industrial complex the Frösö bridge was constructed, a new police house, Z-kupolen (burned to the ground in 1989), Storsjöteatern, Folkets hus, urban district churches, malls etc.
387-393; M. Bendick, Jr. & M. L. Egan, "Transfer Payment Diversion for Small Business Development: British and French Experience," Industrial and Labor Relations Review 40 (July 1987), pp. 528-542; M. Bendick, Jr. & M. L. Egan, "Promoting Employer-Provided Worker Reskilling: Lesson from a Tax Credit System in France." Testimony, Joint Economic Committee, U.S. Congress, October 29, 1987; M. Bendick, Jr. & M. L. Egan, "Dislocated Workers and Midcareer Retraining in Other Industrial Nations, " in Kevin Hollenbeck et al.
Season ticket sales more than doubled to 2,231. Phil Sproson attempted to return to the game and so the club accepted a £50,000 transfer payment from Birmingham City. Meanwhile the Vale were the bookmakers favourites for relegation, having started the season with six players out injured, including Ray Walker. The season opened with a 2–2 draw with Bradford City at Valley Parade, and a 2–1 home win over West Bromwich Albion the following week.
In 1960 the public sector of Sweden constituted about 30 per cent of Sweden's total gross domestic product, in the middle of the 1980s the number had grown to 65 per cent. At the time it was here the jobs were, in the county board, the state and in the new municipality. The main reason for the large expansion were the expanded transfer payment to the households that occurred, along with growing interest and public consummation. Everything was founded by large tax raises.
In Keynesian economics, the transfer payments multiplier (or transfer payment multiplier) is the multiple by which aggregate demand will increase when there is an increase in transfer payments (e.g. welfare spending, unemployment payments). Transfer payments are not in the same theoretical category as government spending on goods and services because such payments are not directly injected into a goods market. Instead, the spendable funds are transferred to a member of the public, who then may spend some or all of them.
The National Monuments Council received the bulk of its funds as a transfer payment from the department of the Minister responsible for culture. For most of its history this was the Department of National Education, but after 1994 the Department of Arts, Culture Science and Technology. The organisation also administered a number of trust funds established for the care of particular sites or types of heritage and derived income from properties which it owned, most notably Dal Josaphat near Paarl in the Western Cape.
The 2015 business case estimated that building WestConnex will enable an extra 45,000 road trips per weekday by 2031. By 2031, Infrastructure Australia estimates that the population of Sydney will have grown by an extra 1.2 million people. For the purpose of calculating benefits and costs of the scheme, tolling is considered to be "a transfer payment from the user to operator", the benefit to the operator is considered to cancel out the disbenefit to the user, and as such, tolling has a "neutral effect on overall benefits and costs".
The Canada Social Transfer is the Canadian government's transfer payment programme in support of post-secondary education, social assistance and social services, including early childhood development and early learning and childcare. It was made independent from the Canada Health and Social Transfer programme on April 1, 2004 to allow for greater accountability and transparency for federal health funding. In the 2017/18 fiscal year, the Canada Social Transfer was projected to be $13.7 billion. The Canada Social Transfer is legislated to grow at 3.0 per cent per year.
The parental allowance is a transfer payment dependent on net income as compensation for concrete disadvantages in the early phase of starting a family and thus a parent-related, temporary compensation payment. The parental allowance replaces the previous child-raising allowance. Parents who are not or not fully employed due to the care of a child or who interrupt their employment for the care of their child are entitled to parental benefit. It is intended to support parents in securing their livelihood and is therefore designed as a compensation payment.
The tax-sharing reform in 1994 mobilized the enthusiasm of local governments to participate in fiscal and tax reforms, and led to economic competition between local governments for fiscal revenue. At the same time, the tax-sharing reform weakened the expansion effect of the political cycle on local fiscal expenditures. With the implementation of the tax-sharing reform, a transfer payment system was established in order to alleviate the disparity in financial resources between regions. This reform unified the tax system for domestic-funded enterprises, which build a relatively fair market competition environment for domestic enterprises.
ToDDaSO was an electronic payments service in the UK for the transfer of retail customer payment arrangements between different bank accounts in UK banks. ToDDaSO is an acronym that stands for Transfer of Direct Debits and Standing Orders. The service allowed UK retail banks to electronically request the transfer of direct debit and standing order payments arrangements, on behalf of new customers, wishing to transfer payment arrangements from a previous bank account. The scheme was also known as the Inter Bank Transfer of Direct Debit Instructions service and is governed by BACS, the UK's automated payments clearing scheme.
Excavations at Pinnacle Point, a provincial heritage site important to the understanding of the origins of modern humans, Mossel Bay Heritage Western Cape receives an annual transfer payment from the Western Cape Department of Cultural Affairs and Sport which covers the bulk of its operational costs. Its staff members are public servants in the employ of the Department which carries the cost of their salaries and benefits.Regulation 10(1), Province of the Western Cape Provincial Gazette Extraordinary, No. 5937, Cape Town: 25 October 2002 Other sources of income include fees levied from charges for processing of applications.
Online bank transfer systems in Europe are popular alternative payment methods, where the bank transfer is authorized by the consumer who logs onto his bank website and authorizes the funds transfer for payment to a merchant. A digital wallet is an online stored value service where funds are preloaded and made available using the providers online services. Popular providers include Skrill, NETELLER, PayPal. A giro transfer is a bank transfer payment, whereby order is given by the payer to his or her bank, which transfers funds into the payee's bank account; the receiving bank then notifies the payee.
However, the size of this multiplier effect is likely to be diminished by two considerations: first, an upward push that the new spending gives to interest rates, which diminishes spending on goods such as physical capital and consumer durables; and second, an upward push that the spending gives to the general price level, which diminishes the quantity of aggregate demand for several reasons. Because not all of the original dollar is necessarily spent by the recipient of the transfer payment, the resulting multiplier is likely to be somewhat less than the multiplier of government spending on goods and services.
With one set of words the deficit is $1,000 larger this year than with the other set of words. If it so chose, the government could say it was taxing you $1,000 this year and also, this year, borrowing $1 trillion from you for, say, five years, making a transfer payment to you this year of $1 trillion, and taxing you in five years an amount equal to principal plus interest on the $1 trillion and using it to pay principal plus interest on the $1 trillion it is now borrowing. With this alternative choice of words, the reported deficit is $1 trillion larger than with the first set of words.
Supporting measures proposed by the government included reorganizing the tax structure, cancelling some unreasonable taxes and introducing taxes that are more in line with market- oriented reform. For example, the government established a commodity-turnover- tax system with VAT as the main body, in which product tax, consumption tax, and construction fund for projects of energy and transportation turned in by state-owned enterprises no longer existed. The reform required rational adjustment of the distribution of financial resources between regions. In order to protect the interests of each province and city, especially to take into account the vested interests of developed regions and the development of poverty-stricken areas and the transformation of old industrial bases, a set of regimes pertaining to tax returns and transfer payment was designed, which related highly to the level of economic development has.
Greenmail represented a transfer payment from a company's existing shareholders to a third party investor and provided no value to existing shareholders but did benefit existing managers. The practice of "greenmail" is not typically considered a tactic of private equity investors and is not condoned by market participants. Among the most notable corporate raiders of the 1980s were Carl Icahn, Victor Posner, Nelson Peltz, Robert M. Bass, T. Boone Pickens, Harold Clark Simmons, Kirk Kerkorian, Sir James Goldsmith, Saul Steinberg and Asher Edelman. Carl Icahn developed a reputation as a ruthless corporate raider after his hostile takeover of TWA in 1985.10 Questions for Carl Icahn by Barbara Kiviat, TIME magazine, Feb. 15, 2007 The result of that takeover was Icahn systematically selling TWA's assets to repay the debt he used to purchase the company, which was described as asset stripping.TWA – Death Of A Legend by Elaine X. Grant, St Louis Magazine, Oct 2005 In 1985, Pickens was profiled on the cover of Time magazine as "one of the most famous and controversial businessmen in the U.S." for his pursuit of Unocal, Gulf Oil and Cities Services.

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