unemployment benefit

noun
an allowance of money paid, usually weekly, to an unemployed worker by a state or federal agency or by the worker's labor union or former employer during all or part of the period of unemployment.
Also called unemployment compensation.


Origin:
1925–30

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
unemployment benefit
 
n
1.  Informal term: dole (in Britain, formerly) a regular payment to a person who is out of work: replaced by jobseeker's allowance in 1996
2.  (in New Zealand) a means-tested monetary benefit paid weekly by the Social Security Department to the unemployed

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
In case you think that they are relying on some generous unemployment benefit,
  you are wrong again.
Consequently, supplemental unemployment benefit plans developed instead of
  guaranteed annual wage plans.
Required qualifications for unemployment benefit increases.
Unemployed workers can choose to have income tax withheld from their
  unemployment benefit payments.
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