A 'transfer payment' is a payment by the government to an individual for:

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A transfer payment is a payment made by the government to an individual, which does not result in the government receiving a good or service in return. Examples of transfer payments include social security payments, unemployment benefits, and subsidies. Transfer payments are made to individuals to support their income and help them meet basic needs, and are not tied to the provision of any specific good or service.

A 'Transfer Payment' Is a Payment by the Government to an Individual