unemployment benefit(redirected from unemployment compensations)
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1. (Social Welfare) (in Britain, formerly) a regular payment to a person who is out of work: replaced by jobseeker's allowance in 1996. Informal term: dole
2. (Social Welfare) (in New Zealand) a means-tested monetary benefit paid weekly by the Social Security Department to the unemployed
a usu. weekly payment of money to an unemployed worker under an unemployment insurance program. Also called unemploy′ment compensa`tion.