IRA Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “IRA” in the English Dictionary

"IRA" in American English

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IRAnoun [C]

 us   /ˈɑɪ·rə, ˈɑɪˌɑrˈeɪ/
abbreviation forindividualretirementaccount (= a ​specialbankaccount in which you ​investmoney to use when you are ​older and ​stopworking)
(Definition of IRA from the Cambridge Academic Content Dictionary © Cambridge University Press)

"IRA" in Business English

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IRAnoun [C]

uk   us   FINANCE
→  individual retirement account : You may ​establish an IRA ​even if you already have an employer-sponsored ​retirementplan. a ​potential IRA ​investor
(Definition of IRA from the Cambridge Business English Dictionary © Cambridge University Press)
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