411 REFERENCE · Wiktionary
FGTS
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
fgts
Portuguese
pt:
Pronunciation
éfi gê tê éssi
Noun
m -
pt Brazil pt Fundo de Garantia do Tempo de Serviço length-of-service guarantee fund, a federal social insurance program in Brazil, created in 1966, that protects workers dismissed without just cause by providing 8% of their gross monthly wage
Usage notes
Often incorrectly called "Fundo de Garantia por Tempo de Serviço" (guarantee fund by length of service).