NOUN | possession | pension fund, superannuation fund | a fund reserved to pay workers' pensions when they retire from service |
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group | pension fund | a financial institution that collects regular contributions from employers to provide retirement income for employees |
Meaning | A fund reserved to pay workers' pensions when they retire from service. | |
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Synonym | superannuation fund | |
Broader | fund, monetary fund | A reserve of money set aside for some purpose |
Spanish | fondo de pensiones | |
Catalan | caixa de jubilacions, caixa de pensions, fons de pensions, fons de retirs |
Meaning | A financial institution that collects regular contributions from employers to provide retirement income for employees. | |
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Broader | nondepository financial institution | A financial institution that funds their investment activities from the sale of securities or insurance |
Spanish | caja de pensiones |
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