insurance contribution

См. также в других словарях:

• national insurance contribution — National Insurance Contributions must be paid by employers and employees. They are collected through the pay as you earn (PAYE) income tax collection system. The employer must make appropriate deductions from earnings and make payments of both… …   Law dictionary

• Federal Insurance Contribution Act — n. The act that regulates the Social Security system by taxing employers and employees and setting benefits. abbrv. FICA The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

• National Insurance contribution — NIC Payments made by those with earned income that contribute to the National Insurance Fund, from which benefits are paid. These benefits include retirement pensions, unemployment pay, widow s benefits, invalidity benefit, and certain sickness… …   Big dictionary of business and management

• National Insurance contribution — /ˌnæʃ(ə)nəl ɪn ʃυərəns kɒntrɪˌbju:ʃ(ə)n/ noun a proportion of income paid each month by an employee and the employee’s company to the National Insurance scheme which helps to fund sickness and unemployment benefit and state pensions. Abbreviation …   Dictionary of banking and finance

• contribution — con·tri·bu·tion n 1: payment of a share of an amount for which one is liable: as a: shared payment of a judgment by joint tortfeasors esp. according to proportional fault compare apportion a b: pro rata apportionment of loss among all the… …   Law dictionary

• Insurance and Finance — is a research programme set up by the Geneva Association, also known as the International Association for the Study of Insurance Economics. This research programme on insurance and finance comprises academic and professional research activities… …   Wikipedia

• Contribution plan — Con tri*bu tion plan (Life Insurance) A plan of distributing surplus by giving to each policy the excess of premiums and interest earned thereon over the expenses of management, cost of insurance, and the policy value at the date of computation.… …   The Collaborative International Dictionary of English

• Federal Insurance Contribution Act — (FICA)  Federal law requiring employers and employees to contribute a percentage of their wage income to Social Security and Medicare programs …   American business jargon

• contribution clause — Insurance clause providing that where more than one policy covers loss, insurers shall share such loss proportionally in accordance with their policy limits …   Black's law dictionary

• contribution clause — Insurance clause providing that where more than one policy covers loss, insurers shall share such loss proportionally in accordance with their policy limits …   Black's law dictionary

• insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium