PENSION FUND

Pronunciation (US): (GB):

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)

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)