noun ·Rare ·Advanced level

Definitions

Noun

1. 1
   A welfare state model with a proactive labour market policy, combining easy hiring and firing (flexibility for employers) and high benefits for the unemployed (security for the employees). uncountable

Etymology

Blend of flexibility + security, coined by Danish prime minister Poul Nyrup Rasmussen in the 1990s.

Related phrases

labour marketwelfare state

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.