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BEA Economic Analysis Dictionary
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Created By: U.S. Bureau of Economic Analysis

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Term of the day

Personal current transfer payments

BEA Economic Analysis DictionaryBEA Economic Analysis Dictionary
 Payments consisting of transfer payments by persons  to government and to the rest of the world. Payments to government include donations, fees, and fines paid to Federal, state, and local governments, formerly classified as "personal nontax payments."
Source: U.S. Bureau of Economic Analysis
 

Popular Terms

Current transfer payments

GAAP

Reclassification

OOF

Current-dollar estimate

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