carerpayments

noun
UK /ˈkeə.reɪ ˌpeɪ.mənts/
US /ˈker.eɪ ˌpeɪ.mənts/

Money that someone gets to help pay for looking after a person who needs help.

The family used the carerpayments to buy a wheelchair ramp for Grandma.


OTHER MEANINGS

2. Regular government money given to a person who looks after a sick or disabled relative.

She applied for carerpayments after her son's accident.

3. Payments made by an employer to help staff cover childcare costs.

The company offers carerpayments to parents of young children.

4. Money paid to a professional carer for their services.

The agency handles all carerpayments on behalf of its clients.