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HASSET Thesaurus

Concept information

ECONOMICS > INCOME DISTRIBUTION > TRANSFER PAYMENTS

Preferred term

TRANSFER PAYMENTS  

Definition

  • PAYMENTS MADE BY THE GOVERNMENT OUT OF TAXATION RECEIPTS SUCH AS STATE PENSIONS AND SOCIAL SECURITY BENEFITS, WHICH TRANSFER INCOME FROM ONE GROUP OF PERSONS (I.E. TAXPAYERS) TO ANOTHER GROUP OF PERSONS

Broader concept

Keyword search

Definition source

  • CDB

URI

https://hasset.ukdataservice.ac.uk/ee09ad65-c864-44d6-af2e-fc09ba10b65f

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