entitlement program

entitlement program definition - business

entitlement program

A government program that offers benefits to individuals or organizations that meet specified standards. Social Security, Medicare, and unemployment benefits are examples of entitlement programs.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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