Meaning Of The Word National insurance

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National insurance Meaning

National insurance Definition
National insurance Definition

What's The Definition Of National insurance?

national insurance
uncountable noun: 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.

national insurance in British English
noun: (in Britain) state insurance based on weekly contributions from employees and employers and providing payments to unemployed, sick, and retired people, as well as medical services

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