Personal current transfer receipts Definition & Meaning | Economy Term | CSIMarket

Personal current transfer receipts

Economy Term

Personal current transfer receipts are a measurement used in economics to track the flow of income transferred from one person or entity to another, without any corresponding exchange of goods or services. This transfer of income may occur for a variety of reasons, including social welfare payments, gifts, inheritances, or other types of income redistribution.

Some common examples of personal current transfer receipts that are tracked by economists include government-provided social welfare payments, such as unemployment benefits, food stamps, and disability benefits. These types of payments are designed to provide assistance to individuals who are unable to provide for themselves due to a variety of factors.

Another common example of personal current transfer receipts is the receipt of gifts or inheritances. These types of income transfers may occur between family members, friends, or other individuals and can be a significant source of income for some individuals and households.

Overall, personal current transfer receipts provide important insights into the flow of income within an economy, and they play an important role in the analysis of income distribution and economic inequality. By tracking the flow of income through personal current transfer receipts, economists can better understand how income is distributed among different segments of the population, and how different types of income transfers may impact overall economic growth and prosperity.




More Glossary Terms Beginning with P
  • Paediatric Exclusivity
    means, in the US, a six-month period of exclusivity to market a drug which is awarded by the FDA in return for certain paediatric clinical studies using that drug. This six-month period runs from the date of relevant patent expiry.
    Health Care Term Letter: P
  • Paid Development Method
    An actuarial method to estimate ultimate losses for a given cohort of claims such as an accident year/product line component. If the paid-to-date losses are then subtracted from the estimated ultimate losses, the result is an indication of the unpaid losses. The basic premise of the method is that cumulative paid losses for a given cohort of claims will grow in a stable, predictable pattern from y
    Insurance Term Letter: P
  • Panelboards
    Oriented strand board, particleboard, medium density fibreboard and plywood. Operating Statistics
    Manufacturing Term Letter: P
  • Partial Remission PR
    A decrease in the size of a tumor, or in the extent of cancer in the body, in response to treatment.
    Health Care Term Letter: P
  • Particleboard
    A panelboard produced by chemically bonding clean sawdust, small wood particles and recycled wood fibre under heat and pressure. Forestry & Wood Products Industry Operating Statistics
    Manufacturing Term Letter: P
  • Particulate Matter
    Total suspended particulate. A measure of the solid particles (wood, process dust and smoke) found in air emissions.
    Manufacturing Term Letter: P
  • Particulates
    Tiny particles of a substance.
    Manufacturing Term Letter: P
  • Passenger Load Factor
    Represents the total number of seats sold as a percentage of total seat capacity on all sectors flown. Airline Industry
    Transportation Term Letter: P
  • Passenger Mile Yield
    The amount of passenger revenue earned per revenue passenger mile during a reporting period Airline Industry
    Transportation Term Letter: P
  • Passenger revenue yield per Mile Average Yield per RPM
    Represents the average scheduled passenger fare revenue for each revenue passenger mile (RPM), or each mile a scheduled revenue passenger is flown. Airline Industry
    Transportation Term Letter: P
  • Passive Immunotherapy
    Immunologically active material transferred into the patient as a passive recipient. Monoclonal antibodies are considered Passive Immunotherapy since antibodies are generated outside the body and given to the patient
    Health Care Term Letter: P
  • Patent Term Extension
    means an extension of up to five years in the term of a US patent relating to a drug which compensates for delays in marketing resulting from the need to obtain FDA approval.
    Health Care Term Letter: P