pension fund Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “pension fund” in the English Dictionary

"pension fund" in American English

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pension fundnoun [C]

 us   /ˈpen·ʃən ˌfʌnd/
a ​supply of ​money that many ​peoplepay into, which is ​invested in ​order to ​provide them with a pension
(Definition of pension fund from the Cambridge Academic Content Dictionary © Cambridge University Press)

"pension fund" in Business English

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pension fundnoun [C]

uk   us  
FINANCE an ​amount of ​money, ​collected from ​regularpayments made by ​people who ​work, which is ​invested in ​order to ​paypensions to ​people when they retire: The company's ​pensionfund is facing a worrying ​shortfall. Many ​smallbusinesses payextralumpsums into their ​pensionfunds to ​reduce their ​tax liabilities. a corporate/​employee/​statepensionfund
(Definition of pension fund from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “pension fund”
in Chinese (Simplified) 退休(或养老)基金…
in Chinese (Traditional) 退休(或養老)基金…
What is the pronunciation of pension fund?
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