company pension
21Pension provision in the United Kingdom — UK Pension Provision falls into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal Accounts automatic… …
22Pension Benefit Obligation - PBO — An accounting term used to describe the amount of money a company must pay into a defined benefit pension plan to satisfy all pension entitlements that have been earned by employees up to that date. The pension benefit obligation (PBO) is… …
23pension — I UK [ˈpenʃ(ə)n] / US noun [countable] Word forms pension : singular pension plural pensions *** a) money that someone regularly receives after they have stopped working because of their age, paid either by their company or by the government an… …
24pension plan — noun a plan for setting aside money to be spent after retirement • Syn: ↑pension account, ↑retirement plan, ↑retirement savings plan, ↑retirement savings account, ↑retirement account, ↑retirement program • Hypernyms: ↑ …
25Pension Plan Administrator — An individual responsible for managing the day to day affairs and the strategic decisions involved with a group s pension fund/plan. More specifically, the plan administrator ensures that money is being contributed into the fund, the proper asset …
26pension — pen|sion1 [ penəʃn ] noun count ** an amount of money that someone who no longer works because of their age or an illness, etc. is paid regularly, either by a company they once worked for or by the government: an occupational pension (=provided… …
27Pension parachute — A pension parachute is a form of poison pill that prevents the raiding firm of a hostile takeover from utilizing the pension assets to finance the acquisition. When the target firm is threatened by an acquirer, the pension plan assets are only… …
28company — a business owned by a group of people called shareholders, which has its own legal identity separate from its owners. Glossary of Business Terms A proprietorship, partnership, corporation, or other form of enterprise that engages in business.… …
29Pension Fund — A fund established by an employer to facilitate and organize the investment of employees retirement funds contributed by the employer and employees. The pension fund is a common asset pool meant to generate stable growth over the long term, and… …
30company — noun 1 business organization ADJECTIVE ▪ big, large, leading, major ▪ a major Japanese company ▪ medium sized, mid sized (esp. AmE) …
