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unemployment compensation

noun

Definition of unemployment compensation

  1. :  compensation paid at regular intervals (as by a government agency) to an unemployed worker and especially one who has been laid off —called also unemployment benefit



1944

First Known Use of unemployment compensation

1944


Law Dictionary

unemployment compensation

noun un·em·ploy·ment compensation

Legal Definition of unemployment compensation

  1. :  compensation paid at regular intervals (as by a state agency) to an unemployed worker and esp. one who has been laid off —called also unemployment benefit



Additional Notes on unemployment compensation

Unemployment compensation is usu. a fixed percentage of the former wages of an unemployed worker.


Learn More about unemployment compensation


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