family creditn.

Brit.

/ˌfam(ᵻ)lɪ ˈkrɛdɪt/,

/ˌfaml̩ɪ ˈkrɛdɪt/, U.S.

/ˈˌfæm(ə)li ˈkrɛdət/

Forms: also with capital initials.

Origin: Formed within English, by compounding. Etymons: family n., credit n.

Etymology: < family n. + credit n.

In the United Kingdom: a means-tested social security benefit which is paid to low-income families with at least one child, and in which at least one parent works 16 or more hours a week; (later, informally) the Working (Families') Tax Credit or any other benefit or allowance for families.Family Credit was proposed in the 1970s and introduced in 1988 to replace the Family Income Supplement. It was replaced in 1999 by the Working Families' Tax Credit (later the Working Tax Credit).

ΘΚΠ

society > trade and finance > fees and taxes > grants and allowances > [noun] > state allowance > family allowance

baby bonus1909

family benefit1911

child allowance1920

family allowance1958

family credit1974

child benefit1975

1974 Times 4 Oct. 6/2 (advt.) The centrepiece of our [i.e. the Conservative Party's] social programme will be the Family Credit Scheme which will be brought into effect as economic circumstances permit. Up to 1.2 million people can thus be lifted off supplementary benefit, by being given an income as of right.

1985 Times 4 June 5/2 The most innovative proposal [in the Government Green Paper] is the abolition of Family Income Supplement... It is to be replaced with a new Family Credit... The new credit will involve a ‘substantial premium’ payable to families in low-paid work, plus an allowance for each child, on top of existing child benefit.

1991 S. Smith Econ. Policy & Div. Wealth within Family (Inst. Fiscal Stud.) ii. 34 Income is compared with a constant ‘applicable amount’. When income falls below that level, a full family credit, the size of which depends on family composition, is payable.

2002 S. Wales Evening Post (Electronic ed.) 18 Jan. They are also one of 3,490 working families on low pay and who qualify for family credit.

2013 Western Morning News (Plymouth) (Nexis) 26 Feb. 12 It's high time family credit should be stopped after the second child.

This entry has been updated (OED Third Edition, December 2013; most recently modified version published online March 2022).

单词	family credit
释义	family creditn. Brit. /ˌfam(ᵻ)lɪ ˈkrɛdɪt/, /ˌfaml̩ɪ ˈkrɛdɪt/, U.S. /ˈˌfæm(ə)li ˈkrɛdət/ Forms: also with capital initials. Origin: Formed within English, by compounding. Etymons: family n., credit n. Etymology: < family n. + credit n. In the United Kingdom: a means-tested social security benefit which is paid to low-income families with at least one child, and in which at least one parent works 16 or more hours a week; (later, informally) the Working (Families') Tax Credit or any other benefit or allowance for families.Family Credit was proposed in the 1970s and introduced in 1988 to replace the Family Income Supplement. It was replaced in 1999 by the Working Families' Tax Credit (later the Working Tax Credit). ΘΚΠ society > trade and finance > fees and taxes > grants and allowances > [noun] > state allowance > family allowance baby bonus1909 family benefit1911 child allowance1920 family allowance1958 family credit1974 child benefit1975 1974 Times 4 Oct. 6/2 (advt.) The centrepiece of our [i.e. the Conservative Party's] social programme will be the Family Credit Scheme which will be brought into effect as economic circumstances permit. Up to 1.2 million people can thus be lifted off supplementary benefit, by being given an income as of right. 1985 Times 4 June 5/2 The most innovative proposal [in the Government Green Paper] is the abolition of Family Income Supplement... It is to be replaced with a new Family Credit... The new credit will involve a ‘substantial premium’ payable to families in low-paid work, plus an allowance for each child, on top of existing child benefit. 1991 S. Smith Econ. Policy & Div. Wealth within Family (Inst. Fiscal Stud.) ii. 34 Income is compared with a constant ‘applicable amount’. When income falls below that level, a full family credit, the size of which depends on family composition, is payable. 2002 S. Wales Evening Post (Electronic ed.) 18 Jan. They are also one of 3,490 working families on low pay and who qualify for family credit. 2013 Western Morning News (Plymouth) (Nexis) 26 Feb. 12 It's high time family credit should be stopped after the second child. This entry has been updated (OED Third Edition, December 2013; most recently modified version published online March 2022). < n.1974
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