Unrequited Transfer

Summary of Unrequited Transfer

A transfer payment, ie., the transfer of assets from one nation to another without expectation of recompense.

(Main Author: William J. Miller)

Unrequited Transfer and International Trade Economy

In relation to international trade economy, Christopher Mark (1993) provided the following definition of Unrequited Transfer: In balance of payments accounting, refers to a transfer of assets from one country to another –for example, foreign aid grants –without expectation of recompense.