- social insurance social insurance ➔ insurance
* * *social insurance UK US noun [U]► GOVERNMENT, ECONOMICS money that employers and employees pay to the government so that people receive money when they are not able to work because of age, illness, etc.: »
In most countries, public finance, whether from taxes or from social insurance, is likely to predominate in health care.
Financial and business terms. 2012.
Look at other dictionaries:
Social insurance — is any government sponsored program with the following four characteristics: * the benefits, eligibility requirements and other aspects of the program are defined by statute; * explicit provision is made to account for the income and expenses… … Wikipedia
social insurance — n: insurance of the individual against certain hazards (as unemployment, old age, and disability) that is undertaken, facilitated, or enforced by government as a social policy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
social insurance — n. any insurance program undertaken by a government to provide income or payments to persons who are unemployed, disabled, elderly, etc … English World dictionary
social insurance — any of various forms of insurance in which a government is an insurer, esp. such insurance that provides assistance to disabled or unemployed workers and to aged persons. [1915 20] * * * Compulsory public insurance program that protects against… … Universalium
social insurance — noun Social insurance is used before these nouns: ↑system … Collocations dictionary
social insurance — social security, government fund for social welfare … English contemporary dictionary
social insurance — noun government provision for unemployed, injured, or aged people; financed by contributions from employers and employees as well as by government revenue • Hypernyms: ↑social welfare, ↑welfare, ↑public assistance • Hyponyms: ↑national insurance … Useful english dictionary
social insurance — so′cial insur′ance n. gov any of various forms of insurance provided by a government, as unemployment insurance • Etymology: 1915–20 … From formal English to slang
social insurance — See insurance … Black's law dictionary
social insurance — Those forms of insurance intended primarily to enable an old or disabled person to live without resort to a public welfare agency … Ballentine's law dictionary