national insurance


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

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national insurance noun
A system of compulsory insurance paid for by weekly contributions by employee and employer, and yielding benefits to the sick, retired, unemployed, etc
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Main Entry:nation

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National Insurance UK US noun [uncountable]
a system that all employers and workers in the UK pay into, providing money for people who do not have a job or who are old or ill
Thesaurus: insuring and insurancehyponym types of tax and taxationhyponym

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noun [noncount]
: a British insurance system that workers and their employers contribute to regularly and which gives money to people who are retired, ill, or unemployed

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ˌNational Inˈsurance [National Insurance] noun uncountable (abbr. NI)
(in Britain) a system of payments that have to be made by employers and employees to provide help for people who are sick, old or unemployed

to pay National Insurance (contributions)

 
Culture:
The money from National Insurance contributions is used by the government for payments to unemployed people and others in need, and also to help pay for the ↑National Health Service. National Insurance is therefore an important part of the ↑welfare state. Every adult has a National Insurance number and this number is used by the ↑Department for Work and Pensions to identify people.

Useful english dictionary. 2012.

Look at other dictionaries:

  • 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:… …   Financial and business terms

  • 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

  • National Insurance — Taxation in the United Kingdom This article is part of the series: Politics and government of the United Kingdom Central government HM Treasury HM Revenue and Customs Income tax …   Wikipedia

  • 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