pension fund

Definition of pension fund

  1. :  money that a company invests in order to earn money to pay pensions

Word by Word Definitions

pensionplay
  1. :  a fixed sum paid regularly to a person:

    :  wage

    :  a gratuity granted (as by a government) as a favor or reward

  1. :  to grant or pay a pension to

    :  to dismiss or retire from service with a pension

fundplay
  1. :  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

  1. :  to make provision of resources for discharging the interest or principal of

    :  to provide funds for

    :  to place in a fund :  accumulate


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