Transfer(from Latin transfero - move, transfer) is a transfer, movement of funds (for example, currency or gold) and other economic objects from one country to another. When transferring, there is a change in the location of the funds or only a change in their owner (for example, during a postal or bank transfer).
Other meanings of the term “transfer”:
1. Transfer of ownership of registered securities from one person to another by written agreement between the parties. In this case, the fact of a change in the owner’s rights is recorded by a corresponding entry in the register.
2. A transaction that does not involve one institutional party receiving any compensation for goods or services provided to the other party.
3. Financial assistance received by a lower-level budget structure from a higher one (for example, financing of the municipal budget from the regional one).
4. Change of citizenship of the population of a certain territory in connection with the transition of this territory under the jurisdiction of another state. An example of such a transfer is the agreement on the exchange of nationals between Greece and Turkey, signed during a conference held in 1922-1923. in Lausanne.
Operation in the system of national accounts. An economic entity provides goods, services or assets to another party without receiving consideration from it in return.
Transfer in simple words
One person has some securities, documents for some building or just money. And he wants to give it to another person or organization free of charge, say, as help. To do this, he simply documents it and puts his signature. That's it, now the owner is the one to whom these material values are transferred.
Essence and types of transfer
Transfer - various payments, services or goods redistributed at the federal level free of charge:
- movement of funds between the subject’s accounts as a result of a transaction;
- transfer of ownership of securities;
- redistribution of company shares between founders;
- transfer of funds from the regional support fund to the budgets of the lower territorial level.
The transfer includes various instruments: subsidies, subventions and other benefits.
Transfers vary by type:
- current transfer - income tax deductions, social insurance, benefits, voluntary contributions, gifts, fines;
- capital type - transfer of ownership of assets free of charge.
Budget transfer
An official transfer in the state budget is a free, optional receipt in the form of a subsidy, subvention, or gift received from a national or foreign government agency.
The effect of a transfer depends on its type. Regional or local authorities receive a non-targeted transfer to use the funds at their discretion for the purpose. Percent federal tax to the budget of the country's constituent entities or the financing of public goods - non-targeted transfer.
Targeted transfer is the movement of funds for specific government tasks. The program is a good method of transferring resources for functions that are important from the Government's point of view.
Transfer purposes
Transfer is provided to complete the following tasks:
- ensuring vertical budget balance;
- horizontal equalization of income;
- equalization of incomes of the population with services financed from the treasury;
- stimulating local authorities to pursue policies that meet the interests of the region.
Transfer from budgets of all levels
From the country's federal treasury, the transfer is provided as assistance to the constituent entities of the Russian Federation, subsidies for government programs, regions and other gratuitous transfers.
Transfers are provided under the following conditions:
- compliance by entities with the budget and tax base;
- no debt to the federal treasury;
- ban on providing state loans from the treasury to legal entities.
If within two recent years the share of the subsidy exceeded 50%, then the funds are provided after signing an agreement with the country’s Ministry of Finance on measures to increase the efficiency of spending budget money.
Transfers are provided from the subject's budget:
- subvention to the local treasury from the regional fund;
- subsidies for co-financing of government programs and priority spending on social needs;
- government loans from the treasury for a year.
Local budgets also provide transfers - subsidies that provide financial support to the population, and subsidies aimed at solving municipal problems.
Any type of transfer is a government instrument of authorities that helps regulate the finances of individual entities of the country.
Transfer(transfer) - unilateral transfer, free of charge and irrevocably, of goods, services, material assets(property rights) in order to provide financial assistance and compensation.
Transfer is a transaction in which one party provides a good, service or cash the other party without receiving any equivalent from the latter.
A significant part of the transfer is social character: various payments, benefits, assistance to citizens provided in kind.
In the budgetary sphere, a transfer refers to any form of transfer of funds from one level of the budget system to the budget of another level, deductions from taxes in the order of budget regulation. With the help of transfer regional and local budgets, social protection authorities receive funds to finance mandatory payments to the population: pensions, scholarships, benefits, compensation, etc. social payments established by state legislation and regulations local government bodies.
There are current and capital transfers.
Current transfers are carried out regularly and are associated with a decrease or increase in the current income of citizens and business entities. These include:
- payments from the budget (pensions, benefits, scholarships);
- voluntary contributions;
- humanitarian aid, etc.
Capital transfers are one-time large-scale gratuitous transfers of funds associated with the acquisition or disposal of assets; receiving from the budget; sale at prices below market prices or their gratuitous transfer, etc.
Current and capital transfers can be made not only in cash, but also in kind (transfer of ownership of capital, provision of free or low-cost services in the field of culture, healthcare, education, etc.).
IN functional classification expenses transfers to non-profit (non-profit) organizations social sphere pass through the relevant sections, and transfers to the population are reflected mainly in the sections “Education”, “Healthcare and Physical Culture", "Social politics".
Capital transfers are divided into: transfers within the country (contributions to enterprises and organizations, funds transferred to or overhaul, covering enterprises for losses of previous years, compensation for losses of fixed assets from natural disasters, compensation from the budget for payments of the main amounts of loans provided by banks to enterprises and the population, etc.), and transfers abroad (gratuitous assistance, etc.).
IN banking A transfer is the transfer of funds from one account to another.
Transfer - transfer, movement of funds and other economic objects (change of their owner or simply change of location, for example, transfer of money by mail):
- transfer of funds from one financial institution to another. Banking operations related to counter transfers of national or national and convertible currencies of two or more countries;
- transfer of foreign currency from one country to another;
- transferring a transaction from one account to another;
- transfer of ownership of registered securities one person to another, carried out, as a rule, using an endorsement ().
TRANSFER TRANSFER (French transfer!) - 1) transfer of foreign currency or gold from one country to another; 2) transfer of ownership of registered securities (shares, bill of exchange, bonds, checks) from one person to another; 3) exchange of population between states on the basis of an international agreement, automatic change of citizenship; 4) in the Russian Federation, in relation to the budgetary sector, the concept of “T.” used since 1994 as a transfer of funds to the budgets of lower territorial levels from the fund for financial support of regions. Since 1994, it has become increasingly broad meaning. Now T. means almost any payments redistributed at the federal level.
Large legal dictionary. - M.: Infra-M. A. Ya. Sukharev, V. E. Krutskikh, A. Ya. Sukharev. 2003 .
Synonyms:See what "TRANSFER" is in other dictionaries:
Transfer of foreign currency or gold from one country to another. transfer of the right to own registered securities from one person to another, carried out, as a rule, with the help of an endorsement (indo-samment). Dictionary of financial terms... ... Financial Dictionary
Assignment, transfer, assignment; document, translation, transfer Dictionary of Russian synonyms. transfer noun, number of synonyms: 4 document (82) ... Synonym dictionary
transfer- a, m. TRANSFER a, m. transfert. 1. Transfer of foreign currency or gold from one country to another. BAS 1. The money was ordered to be sent to... what's his name, the city? Florence. This means in the Italian state. We will have to transfer from Voronezh. Ertel... ... Historical Dictionary of Gallicisms of the Russian Language
Transfer- Transfer, sometimes transfer Transfer, movement of funds and other economic objects (change of their owner or simply change of location, for example, transfer of money by mail). More specifically: 1. Transfer of funds... ... Economic and mathematical dictionary
transfer- 1. Transfer of foreign currency or gold from one country to another. 2. Transfer of the right to own registered securities from one person to another. 3. Banking operations related to counter transfers of national or national and convertible... Technical Translator's Guide
- (French transfert from Latin transfero I transfer, move),..1) transfer of foreign currency or gold from one country to another2)] Transfer of ownership of registered securities ... Big Encyclopedic Dictionary
Lat. transfer, transfer of money, across accounts, from bank to bank, for payment. Fert transfer. Dahl's Explanatory Dictionary. IN AND. Dahl. 1863 1866 … Dahl's Explanatory Dictionary
- (English transfer, French transfert transfer, from Latin transferre transfer, transfer) 1) transfer of foreign currency from one country to another, banking operations for counter transfers of currencies of two or more countries; 2) transfer by one person... ... Economic dictionary
- (French transfert, from Latin transfero I transfer, move) transfer of ownership of registered securities; transfer of foreign currency or gold from one country to another. Political science: Dictionary reference book. comp. Prof. Science Sanzharevsky... ... Political science. Dictionary.
Transfer- a transaction in which one party provides a good, service or money to another party without receiving any equivalent from the latter...