Topical Terminology > Unilateral Current Transfers
Unilateral Current Transfers
For Unilateral Current Transfers we have a term and definition in Economic Analysis.
Unilateral Current Transfers (Economic Analysis) 
Recorded when transfers of resources that affect a nations income or product in the current period occur without a quid pro quo; the country receiving the transfer neither provides nor promises to provide anything of economic value, measurable in monetary terms, in return. Related terms: current account (international), balance on current account.
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