transfer payment

Questions

What does transfer payment mean?

A redistribution of income in the market system initiated by a government, such as welfare, social security, etc.

How to pronounce transfer payment

1. Open the pronunciation page — Open the Speakur entry for “transfer payment”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “transfer payment”.
4. Repeat and practice — Say “transfer payment” aloud, matching stress and vowels until it feels natural.