Definition
A government-provided safety net of financial assistance designed to keep citizens from hitting absolute rock bottom. It's the economic equivalent of a airbag that deploys when life goes sideways.
Example Usage
The social worker helped the displaced family apply for emergency welfare benefits while they rebuilt their lives.
Source: Merriam-Webster via Free Dictionary API
Related Terms
Translate This Term
See “welfare” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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