pension fund
Definition of pension fund
: money that a company invests in order to earn money to pay pensions
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Word by Word Definitions
pensionplay
: a fixed sum paid regularly to a person:
: wage
: a gratuity granted (as by a government) as a favor or reward
: to grant or pay a pension to
: to dismiss or retire from service with a pension
See the full definition of pension
fundplay
: a sum of money or other resources whose principal or interest is set apart for a specific objective
: capital
: an available quantity of material or intangible resources : supply
: to make provision of resources for discharging the interest or principal of
: to provide funds for
: to place in a fund : accumulate
See the full definition of fund
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