transfer payment Synonyms
No Synonyms and anytonyms found
transfer payment Meaning
Wordnet
transfer payment (n)
a public expenditure (as for unemployment compensation or veteran's benefits) that is not for goods and services
transfer payment Sentence Examples
- The government implemented a transfer payment program to provide financial assistance to low-income individuals.
- The transfer payment system aims to redistribute wealth and reduce income inequality.
- Social Security is a government-run transfer payment program that provides benefits to retired workers.
- Transfer payments can take the form of cash, goods, or services, such as food stamps or housing subsidies.
- Medicare is a federal transfer payment program that provides health insurance to elderly and disabled Americans.
- The cost of transfer payment programs can be a significant burden on government budgets.
- Some economists argue that transfer payments create dependency and discourage individuals from working.
- Others contend that transfer payments are essential for providing a safety net to those in need.
- Evaluating the effectiveness of transfer payment programs requires careful consideration of both their costs and benefits.
- The design of transfer payment programs should balance the goals of providing assistance with minimizing unintended consequences.
FAQs About the word transfer payment
a public expenditure (as for unemployment compensation or veteran's benefits) that is not for goods and services
No synonyms found.
No antonyms found.
The government implemented a transfer payment program to provide financial assistance to low-income individuals.
The transfer payment system aims to redistribute wealth and reduce income inequality.
Social Security is a government-run transfer payment program that provides benefits to retired workers.
Transfer payments can take the form of cash, goods, or services, such as food stamps or housing subsidies.
