English Dictionary |
PENSION FUND
Pronunciation (US): | (GB): |
IPA (US): |
Dictionary entry overview: What does pension fund mean?
• PENSION FUND (noun)
The noun PENSION FUND has 2 senses:
1. a fund reserved to pay workers' pensions when they retire from service
2. a financial institution that collects regular contributions from employers to provide retirement income for employees
Familiarity information: PENSION FUND used as a noun is rare.
Dictionary entry details
Sense 1
Meaning:
A fund reserved to pay workers' pensions when they retire from service
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
pension fund; superannuation fund
Hypernyms ("pension fund" is a kind of...):
fund; monetary fund (a reserve of money set aside for some purpose)
Sense 2
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)
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