Transfer Payments


Definition of "Transfer payments"

Roger  Sherman
  ExecuHome Realty

Redistribution of wealth by taking money from one group of individuals and allocating that sum to another group of individuals, social insurance is such a mechanism, since the high-income group of individuals will pay proportionately more in Social Security taxes and receive proportionately less in retirement income benefits than the low-income group of individuals.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ