Meaning of “pension fund” in the English Dictionary

business-english dictionary

"pension fund" in British English

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(Definition of “pension fund” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"pension fund" in American English

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pension fundnoun [ C ]

us /ˈpen·ʃən ˌfʌnd/

a supply of money that many people pay 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 regular payments made by people who work, which is invested in order to pay pensions to people when they retire:

The company's pension fund is facing a worrying shortfall.
Many small businesses pay extra lump sums into their pension funds to reduce their tax liabilities.

(Definition of “pension fund” from the Cambridge Business English Dictionary © Cambridge University Press)

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