Monetary benefit that accrues to parties to an economic transaction.
1A 119 billion pound limit on total welfare spending also has a political edge.
2Chancellor George Osborne has said a new cap on total welfare spending will be introduced from next year.
3Millions of public sector workers will lose automatic annual pay increases and there will be a cap on total welfare spending.
4He also announced a cap on total welfare spending and axed winter fuel payments for expatriate pensioners in hot countries from 2015.
5This will be supplemented by an additional £47 million from the European Social Fund, bringing the total welfare-to-workpackage to £416 million.
6He said about 800,000 people were on New Zealand Superannuation which was getting close to being 50 percent of total welfare assistance spending.
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Translations for total welfare