Library / English Dictionary |
PENSION FUND
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A financial institution that collects regular contributions from employers to provide retirement income for employees
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("pension fund" is a kind of...):
nondepository financial institution (a financial institution that funds their investment activities from the sale of securities or insurance)
Sense 2
Meaning:
A fund reserved to pay workers' pensions when they retire from service
Synonyms:
pension fund; superannuation fund
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("pension fund" is a kind of...):
fund; monetary fund (a reserve of money set aside for some purpose)