transfer payment
noun1
Economics, Sciences A redistribution of income in the market system initiated by a government, such as welfare, social security, etc.
- Synonyms
- government transfer, transfer
- Hypernyms
- equalization payment
noun
Economics, Sciences A redistribution of income in the market system initiated by a government, such as welfare, social security, etc.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.