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unemployment benefit

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noun
  1. an allowance of money paid, usually weekly, to an unemployed worker by a state or federal agency or by the worker's labor union or former employer during all or part of the period of unemployment.
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Origin of unemployment benefit

First recorded in 1925–30
Also called unemployment compensation.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for unemployment compensation

unemployment compensation

noun
  1. (in the US) payment by a governmental agency to unemployed people
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unemployment benefit

noun
  1. (in Britain, formerly) a regular payment to a person who is out of work: replaced by jobseeker's allowance in 1996Informal term: dole
  2. (in New Zealand) a means-tested monetary benefit paid weekly by the Social Security Department to the unemployed
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

unemployment compensation in Culture

unemployment compensation

Short-term payments made to workers who have involuntarily lost their jobs.

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.