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unemployment compensation

 - 3 dictionary results

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. 2009.
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unemployment compensation  
n.  Financial compensation for unemployed workers, provided in the United States chiefly by state governments.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: un·em·ploy·ment compensation
Function: noun
: compensation paid at regular intervals (as by a state agency) to an unemployed worker and esp. one who has been laid off called also unemployment benefit
NOTE: Unemployment compensation is usually a fixed percentage of the former wages of an unemployed worker.
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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