Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “social security payment”

social security payment

noun [C]
 
 
GOVERNMENT, FINANCE
an amount of money that is paid regularly to people who are unemployed, ill, or too old to work: Japan is faced with the double dilemma of having to pay off debts and maintain social security payments to an ageing population. The government wants to pay social security payments directly into bank accounts.
US money collected from employers and employees by the government to pay people when they retire or because they are ill, unemployed, etc.: Companies and employees generally split social security payments.
(Definition of social security payment from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of social security payment?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hyphen

the symbol -, used to join two words together, or to show that a word has been divided into two parts at the end of one line and the beginning of the next

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More