Meaning DEFINED BENEFIT PLAN: A pension plan obliging the sponsor to make specified dollar payments to qualifying employees. The pension obligations are effectively the debt obligation of the plan sponsor. Related: Defined contribution plan
More terms such as Defined benefit plan in Dictionary D.
- Definition Defeasance:
- Examples The setting aside by a borrower of cash or bonds sufficient to service the borrower's debt. Both the borrower's debt and the offsetting cash or bonds are removed from the balance sheet defined benefit plan definition.
- Definition Debt Market:
- Examples The market for trading debt instruments defined benefit plan explain.
- Definition Delivery Notice:
- Examples The written notice given by the seller of its intention to make delivery against an open, short futures position on a particular date. Related: Notice day defined benefit plan what is.
- Definition Divestiture:
- Examples A complete asset or investment disposal such as outright sale or liquidation defined benefit plan meaning.
- Definition Double-Dip Lease:
- Examples A cross-border lease in which the different rules of the lessor's and lessee's countries let both parties be treated as the owner of the leased equipment for tax purposes defined benefit plan abbreviation.
