social security tax Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “social security tax” in the English Dictionary

"social security tax" in Business English

See all translations

social security taxnoun [C or U]

uk   us   US GOVERNMENT, FINANCE, TAX
moneycollected from ​employers and ​employees by the ​government to ​paypeople when they retire or because they are ill, ​unemployed, etc.: The ​currentrate of ​socialsecuritytax is 12.4%. Currently the ​government receives enough in ​socialsecuritytaxes on ​workers and ​companies to ​pay its ​pensionbill.
(Definition of social security tax from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of social security tax?
Add Cambridge dictionaries to your browser to your website
Word of the Day
coeducational

having male and female students being taught together in the same school or college rather than separately

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

hyperpalatable adjective
hyperpalatable adjective
August 24, 2015
describes food with heightened levels of sugar and salt, intended to be extremely appealing In Brazil, where the prevalence of overweight and obese adults has doubled since 1980, crisps, biscuits, energy bars and sugary drinks formulated to be ‘hyper-palatable’ are much more widely eaten than previously.

Read More