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Defined benefit

💡 Words with a Similar Meaning to "Defined benefit"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
defined benefits(UK, pensions) Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is predetermined based on the employee's length of service, earnings history and age.
defined contributionAlternative form of defined contributions. [(UK, pensions) Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is based on the combination of the employer's and employee's contributions to the scheme over the employee's working life.]
defined contributions(UK, pensions) Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is based on the combination of the employer's and employee's contributions to the scheme over the employee's working life.
anti-detriment(Australia, finance) Being or relating to a refund of the contributions tax paid within a taxed superannuation account, in the event of a member's death.
index-linked(finance) Of financial products such as bonds, savings accounts, pension schemes, etc., yielding returns that are calculated based on the level of a referenced financial index, such as a consumer price index, typically to keep pace with inflation.
first death(insurance) Describing a joint life insurance policy that pays out (and then terminates) in the event that either of the lives assured die.
interest-bearingThat bears interest, on which interest is paid, e.g. a debt, a deposit, etc.
take-or-pay(business) Of a contractual obligation either to take delivery of contracted goods or services or to make a specified payment.
shortHaving a small distance from one end or edge to another, either horizontally or vertically.
deferredDelayed; put off till later.
fundedHaving received financial support; paid for.
second death(insurance) Describing a joint life insurance policy that pays out in the event that both of the lives assured have died (not necessarily at the same time).
bermudannounA person from Bermuda or of Bermudian descent.
exchangeableAble to be exchanged.
callable(programming) That can be called.
unitholding(finance) Being the owner of a beneficial interest ("unit") in a financial entity such as an investment trust.
one-touch(sports) Executed immediately after touching the ball, without holding it
rangeboundnoun(finance, of stocks and shares) Having a price constrained to lie between certain upper and lower limits.
cumulativeIncorporating all current and previous data up to the present or at the time of measuring or collating.
paid-inHaving already contributed capital, especially of an investor purchasing shares in a corporation.

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