die Transferleistung
Translation
transfer payments, social benefits
Examples
Sozialhilfe ist eine Form von Transferleistung.
Social assistance is a form of transfer payment.
Der Staat finanziert die Transferleistungen.
The state finances the transfer payments.
Grammar Patterns
((sth.)) to receive (sth.) He receives monthly transfer payments.
((sth.)) to pay (sth.) The state pays transfer payments to people in need.
Similar Words
Synonyms: social benefit, welfare payment; Antonyms: tax (Steuer)
Etymology
Composed of 'Transfer' (transfer) and 'Leistung' (performance, benefit). It refers to a 'transfer benefit' from the state to individuals without a direct service in return.
Memory Tips
Think of money being 'transferred' (Transfer) as a 'benefit' (Leistung) from the government to the people, like unemployment benefits.