What's the difference between
and
Enter two words to compare and contrast their definitions, origins, and synonyms to better understand how those words are related.

Insurance vs Payroll - What's the difference?

insurance | payroll |

As nouns the difference between insurance and payroll

is that insurance is a means of indemnity against a future occurrence of an uncertain event while payroll is a list of employees who receive salary or wages, together with the amounts due to each.

As a verb payroll is

to place on a payroll.

insurance

English

Noun

(wikipedia insurance) (en-noun)
  • A means of indemnity against a future occurrence of an uncertain event.
  • *{{quote-magazine, date=2012-01
    • , author=Philip E. Mirowski , title=Harms to Health from the Pursuit of Profits , volume=100, issue=1, page=87 , magazine= citation , passage=In an era when political leaders promise deliverance from decline through America’s purported preeminence in scientific research, the news that science is in deep trouble in the United States has been as unwelcome as a diagnosis of leukemia following the loss of health insurance .}}
    The car was totalled, but fortunately I had insurance .
  • The business of providing insurance.
    • After five years in banking, I switched to insurance .
  • Metaphoric: Any attempt to anticipate an unfavorable event.
    • The sky was clear, but I took my umbrella for insurance .
  • Blackjack: A bet made after the deal, which pays off if the dealer has blackjack.
    • I only take insurance if the count is right.
  • (countable) An insurance policy
  • * {{quote-news, year=2009, date=February 18, author=Cheryl Critchley, title=Free child care for Victorian bushfire victims, work=Herald Sun citation
    • , passage="The children need to get back to some level of normalcy and their families can certainly use some respite to deal with things such as insurances , licences and other things they have lost," he said. }}

    Derived terms

    {{der3, automobile insurance , car insurance , casualty insurance , credit insurance , earthquake insurance , fire insurance , flood insurance , freight insurance , group insurance , health insurance , insure , insurer , insurance adjuster , insurance agent , insurance agency , insurance claim , insurance company , insurance fraud , insurance plan , insurance policy , insurance premium , insurance scam , liability insurance , life insurance , malpractice insurance , no-fault insurance , pet insurance , property insurance , reinsurance , term life insurance , transportation insurance , unemployment insurance , whole-life insurance , insurance agency}}

    See also

    * actuary * annuity * broker * float * underwriter * workers’ compensation

    payroll

    English

    Noun

    (en noun)
  • A list of employees who receive salary or wages, together with the amounts due to each.
  • The total sum of money paid to employees.
  • (computing) The series of accounting transactions that ensure that employees are paid correctly, and that all taxes etc are properly deducted; the department in a company responsible for it.
  • (euphemistic) Bribes paid to people
    • 1957': ''I know that the deal started with the boys in Santiago, because they've been on the d'Anconia '''pay roll for centuries — well, no, 'pay roll' is an honorable word, it would be more exact to say that d'Anconia Copper has been paying them protection money for centuries — isn't that what your gangsters call it?'' - Francisco dAnconia, ''.
    1972': ''We can spread a rumor this cop was dirty. Look, Tom, we have newspaper people on the '''payroll , don't we? - Michael Corleone, .

    Related terms

    * payslip

    Verb

    (en verb)
  • To place on a payroll.
  • * 1985 , The Code of Federal regulations of the United States of America (page 37)
    • Grantees may elect to payroll the enrollees through their own payroll system if the payroll system is consistent with regulations contained herein.

    Anagrams

    *