Definition of “the IRA” - English Dictionary

“the IRA” in English

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(Definition of “the IRA” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“IRA” in American English

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IRAnoun [ C ]

us /ˈɑɪ·rə, ˈɑɪˌɑrˈeɪ/

abbreviation for individual retirement account (= a special bank account in which you invest money to use when you are older and stop working)

(Definition of “IRA” from the Cambridge Academic Content Dictionary © Cambridge University Press)

“IRA” in Business English

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IRAnoun [ C ]


→  individual retirement account :

You may establish an IRA even if you already have an employer-sponsored retirement plan.

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