transfer payment

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

Japanese Meaning

政府が市場経済の中で、福祉や社会保障などを通じて所得の再配分を行う支出（移転支出）

The government increased the monthly transfer payment to low-income families to alleviate poverty during the recession.

政府は景気後退の間、低所得家庭の貧困を緩和するために月々の福祉・社会保障給付を増額した。

Sense（1）

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

transfer payments

（ plural ）