safety net Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “safety net” in the English Dictionary

"safety net" in American English

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safety netnoun [C usually sing]

 /ˈseɪf·ti ˌnet/
something, esp. a ​governmentprogram, that ​protects or ​helpspeople: Unemployment ​insurance is a safety net for ​people who ​losetheirjobs.
(Definition of safety net from the Cambridge Academic Content Dictionary © Cambridge University Press)

"safety net" in Business English

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safety netnoun [C]

uk   us  
FINANCE, GOVERNMENT, SOCIAL RESPONSIBILITY a ​system or ​plan for helping ​people, ​companies, etc. that are having problems, especially ​financial problems: The ​ability to ​declarebankruptcy is one of the oldest ​safetynets that the ​governmentprovidesworkingpeople. The ​state set up a ​safetynet for those who can't ​affordhealthinsurance.social/financial safety net In the old days, when there was no ​adequatesocialsafetynet, ​parents regarded having a son as making an ​investment for their old age. awelfare/​health/​governmentsafetynet
(Definition of safety net from the Cambridge Business English Dictionary © Cambridge University Press)
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“safety net” in British English

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