transfer payment

• Operación financiera mediante la cual se transfiere dinero de una cuenta, persona u organización a otra; se usa comúnmente en banca, prestaciones gubernamentales o contextos comerciales, e incluye pagos sin contraprestación directa como subsidios o ayudas estatales.

A financial transaction in which money is moved from one account, person, or entity to another, often used in banking, government benefits, or business contexts.

1. Government redistribution of incomeC1formal

   A payment made by a government to individuals or households without any goods or services being provided in return, typically for social welfare purposes.

   Transferencia de ingresos gubernamental

   • Social security benefits are a common form of transfer payment.
   • The government increased transfer payments to support low-income families.
   • Unemployment insurance is considered a transfer payment.

2. Non-market financial transactionC1formal

   A payment where money is transferred from one party to another without any exchange of goods or services.

   transferencia de pago

   • Grants and subsidies are examples of transfer payments in the economy.
   • The central bank made a transfer payment to the regional development fund.
   • Transfer payments do not contribute directly to GDP.