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Definition of

Unemployment Insurance Fund

Insurance

employee insurance against potential unemployment 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.

Related definitions of "Unemployment Insurance Fund"

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

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