Glossary

Government interest paid to persons.

Payments consisting of U.S. government military and nonmilitary grants-in-cash and grants-in-kind to foreign governments.

Includes taxes paid by persons on income, including realized net capital gains, and on personal property.

Payments consisting of transfer payments by persons to government and to the rest of the world. Payments to government include donations, fees, and fines paid to Federal, state, and local governments, formerly classified as "personal nontax payments."

Consists of income payments to persons for which no current services are performed and net insurance settlements. It is the sum of government social benefits and net current transfer receipts from business.

Non-mortgage interest paid by persons.

See Corporate profits with IVA and CCAdj

Recorded when transfers of resources that affect a nation's 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.