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pension fund

DEFINITIONS OF: pension fund

1

n a fund reserved to pay workers' pensions when they retire from service

Synonyms:
superannuation fund
Type of:
fund, monetary fund
a reserve of money set aside for some purpose

n a financial institution that collects regular contributions from employers to provide retirement income for employees

Type of:
nondepository financial institution
a financial institution that funds their investment activities from the sale of securities or insurance
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