Official unrequited transfers

Official unrequited transfers

Include a variety of subsidies, military aid, voluntary cancellation of debt, contributions to international organizations, indemnities imposed under peace treaties, technical assistance, taxes, or fines.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Official Unrequited Transfer

A voluntary transfer of money by a government in which little or nothing is expected in return. Examples of official unrequited transfers include foreign aid, debt forgiveness, and membership dues to an international organization.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved