entitlement

(noun)

A legal obligation on a government to make payments to a person, business, or unit of government that meets the criteria set in law, such as the Pell Grant and social security in the US.

Examples of entitlement in the following topics:

  • Relative Deprivation Approach

    • Relative deprivation is the experience of being deprived of something to which one feels to be entitled.
    • It refers to the discontent that people feel when they compare their positions to those around them and realize that they have less of that which they believe themselves to be entitled.
    • Some scholars explain the rise of social movements by citing the grievances of people who feel that they have been deprived of values to which they are entitled.

  • Stock Warrants

    • A stock warrant entitles the holder to buy the underlying stock of the issuer at a fixed exercise price until the expiration date.
    • A stock warrant is similar to a stock option in that it entitles the holder to buy the underlying stock of the issuing company at a fixed exercise price until the expiration date.

  • Fair Labor Standards Act

    • Police officers, fire fighters, paramedics, and other first responders are also entitled to overtime wages and minimum wage pay.
    • Covered nonexempt workers are entitled to a minimum wage of not less than $7.25 per hour effective July 24, 2009.
    • Employees whose jobs are governed by the FLSA are either "exempt" or "nonexempt. " Nonexempt employees are entitled to overtime pay.

  • Statistical Literacy

    • Perhaps the fullest description was presented on the CNNMoney website (A service of CNN, Fortune, and Money) in an article entitled "Survey: iPhone retention 94% vs.

  • The Budgeting Process

    • Social Security and Medicare are sometimes called "entitlements," because people meeting relevant eligibility requirements are legally entitled to benefits, although most pay taxes into these programs throughout their working lives.
    • Some programs, such as Food Stamps, are appropriated entitlements.
    • Some mandatory spending, such as Congressional salaries, is not part of any entitlement program.

  • Equity Theory

    • Inputs are defined as each participant's contributions to the relational exchange and are viewed as entitling him/her to rewards or costs.
    • The inputs that a participant contributes to a relationship can be either assets (entitling him/her to rewards) or liabilities(entitling him/her to costs).
    • Individual traits such as boorishness and cruelty are seen as liabilities entitling the possessor to costs.

  • Federal Mandates

    • Certain changes in large entitlement programs refers to instances when new conditions or reductions in large entitlement programs, providing $500 million or more annually to state or local governments, are imposed by the federal government.

  • Bureaucracies and Formal Groups

    • In 2008, the European Commission held a conference entitled 'Cutting Red Tape for Europe'.
    • In 2008, the European Commission held a conference entitled 'Cutting Red Tape for Europe'.

  • Eligibility

    • Republican presidential candidate Mitt Romney was born in Mexico to American parents, illustrating that natural born citizenship does not depend on place of birth, but rather whether one is entitled to citizenship at birth.
    • Generally, however, natural born citizenship is understood to include anyone who is entitled to U.S. citizenship at birth, even if they are born outside of the U.S.

  • Franchises and Licenses

    • Franchises and licenses are intangible assets that legally entitle a business to sell a product or service developed by another entity.