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

Independent Practice Association (ipa)

Type of health maintenance organization (HMO) that issues contracts to independent physicians. These ...

Prohibited Transactions

Actions not allowed between a trust and a disqualified person under the employee retirement income s ...

Recorded Plat

A subdivision map filed in the county recorder's office that shows the location and boundaries of p ...

Density

Distribution of population over a given area of land. ...

Medicare Wraparound Insurance

Insurance that acts as a supplement to medicare in that it will pay the deductibles and coinsurance ...

Taxation, Interest On Dividends

Interest earned on dividends from a participating life insurance policy left on deposit with the ins ...

Related Real Estate FAQ

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

What Are Basis Points?

Basic points relates to changes in the interest rate for your home. ...

Should I Consolidate My Debt?

Discover your potential monthly savings by combining your bills into a single source. Eliminate high ...

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

What Is A Title Search?

A title search is the process of reviewing court records and other records to ensure that there are ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

When to buy a house Tax Breaks for the First Time Home Buyer Real Estate Open House - The Dos and Don What is Earnest Money 3 tips to ensure your sale goes through

FAQ

How big is an acre? I dont know the zip code of my areas. How do I find an agent that is right for me in my area. How much Life Insurance do I need? What is equity? Should I Pay Points for a Lower Rate?