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Definition of


Insurance abbr

employee insurance against potential unemployment Unemployment Insurance Fund: in South Africa, a system administered through payroll deductions that insures employees against loss of earnings through being made unemployed by such causes as retrenchment, illness, or maternity.

Definitions of ’UIF’ and meaning of ’UIF’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’UIF’ and other financial terms with our online QFINANCE Financial Dictionary.

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