- national insurance national insurance ➔ insurance
* * *national insurance UK US noun [U] (ABBREVIATION NI) TAX► a system in the UK in which the government collects money from workers and companies so that it can make payments to people who are unemployed, ill, or too old to work: »
If an employer fails to pay your national insurance contributions you may not be entitled to benefits or a state pension.
Financial and business terms. 2012.
Look at other dictionaries:
National Insurance — ► NOUN ▪ (in the UK) a system of compulsory payments by employees and employers to provide state assistance for people who are sick, unemployed, or retired … English terms dictionary
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national insurance — noun social insurance program in Britain; based on contributions from employers and employees; provides payments to unemployed and sick and retired people as well as medical services • Hypernyms: ↑social insurance * * * national insurance noun A… … Useful english dictionary
National Insurance — n [U] (abbr NI) (in Britain) a system of payments, called National Insurance contributions, that all working people and employers have to make. The money is used by the government for payments to unemployed people and others in need, and also to… … Universalium
national insurance — N UNCOUNT In Britain, national insurance is the state system of paying money to people who are ill, unemployed, or retired. It is financed by money that the government collects from people who work or from their employers … English dictionary
National Insurance — National In surance n [U] a system of insurance organized by the British government into which workers and employers make regular payments, and which provides money for people who are unemployed, old, or ill … Dictionary of contemporary English
National Insurance — National In surance noun uncount the system in the U.K. that is similar to Social Security in the U.S … Usage of the words and phrases in modern English
National Insurance — (in Britain) a compulsory scheme of insurance under the terms of which employers and employees make joint contributions so that those who have contributed for a qualifying period may claim benefits in times of sickness, injury, maternity leave,… … Medical dictionary
National Insurance — (in Britain) a compulsory scheme of insurance under the terms of which employers and employees make joint contributions so that those who have contributed for a qualifying period may claim benefits in times of sickness, injury, maternity leave,… … The new mediacal dictionary
national insurance — government agency which compensates for work related injuries and pays unemployment wages and pension funds (to the elderly, veterans, etc.); payment provided by a government insurance agency … English contemporary dictionary