National Insurance Meaning in the Cambridge English Dictionary
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Meaning of “National Insurance” in the English Dictionary

"National Insurance" in British English

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National Insurancenoun [U]

uk   us  
a ​system in the UK in which the ​governmentcollectsmoney from ​companies and ​workers and makes ​payments to ​people who are too ​old or ​ill to ​work or who have no ​job
(Definition of National Insurance from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"national insurance" in Business English

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national insurancenoun [U]

uk   us   ( abbreviation NI) TAX
a ​system in the UK in which the ​governmentcollectsmoney from ​workers and ​companies so that it can make ​payments to ​people who are ​unemployed, ill, or too old to ​work: If an ​employerfails to ​pay your nationalinsurancecontributions you may not be ​entitled to ​benefits or a ​statepension.
(Definition of national insurance from the Cambridge Business English Dictionary © Cambridge University Press)
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