Term:
Transfer and payments to other private entities
Definition:

Transfer and payments to other private entities are government transfers and certain other payments (mainly subsidies) to other private entities (commercial companies and non-profit organisations).
These transfers and payments can take diverse forms, e.g., transfers to business or labour associations that provide adult education; subsidies to companies or labour organisations (or associations of such entities) that operate apprenticeship programmes; and interest rate subsidies or defaults guarantee payments to private financial institutions that provide student loans.

Domain:
Education
Source:
Education at a Glance, OECD, Paris, 2002, Glossary
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