pension fund

American

noun

a fund created and maintained, as by a corporation, to provide benefits under a pension plan.

Etymology

Origin of pension fund

First recorded in 1865–70

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

What about hedge fund managers, for example, or the heads of large pension funds?

From Barron's

When Blue Owl sold $1.4 billion in tech-heavy private loans last month to cash out fleeing investors, the buyers were California’s $600 billion worker pension fund, two Canadian retirement funds and a Chicago area insurer.

From The Wall Street Journal

He urged employees to also show modesty with pension funds and their other clients.

From The Wall Street Journal

However, in 2020, a big shortfall in its pension fund caused the business to collapse, and a man called Nicholas Marks bought the company out of administration, promising to keep the business going.

From BBC

The state’s pension funds invests imprudently in real estate, including the hotel where my family stayed.

From The Wall Street Journal

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023