English version

pension fund

From Longman Dictionary of Contemporary English
Related topics: Employment, Finance
pension fundˈpension fund noun [countable]  BEBFa large amount of money that a company invests and uses to pay pensions
Examples from the Corpus
pension fundDid he also draw attention to the total inadequacy of control over pension fund investments and procedures?With self-investment however, a downturn in the company's fortunes can cause problems for the pension fund.
From Longman Business Dictionarypension fundˈpension fund [countable]FINANCEINSURANCE a fund that is used to pay PENSIONs (=money for people who no longer work) to those who have regularly paid money into the fundthe Dallas Police and Fire Pension Fund fund
Pictures of the day
What are these?
Click on the pictures to check.