Meaning PENSION PLAN: A fund that is established for the payment of retirement benefits
More terms such as Pension plan in Dictionary P.
- Definition Planned Amortization Class (PAC):
- Examples CMO that has the most stable cash flows and the lowest prepayment risk of any class of CMO Because of a stable cash flow, it is considered the least risky CMO (2) A CMO bond class that stipulates pension plan definition.
- Definition Pay-Up:
- Examples resulting from a swap into higher-priced bonds or the need/willingness of a bank or other borrower to pay a higher rate of interest to get funds. Used in the context of general equities. (1) When an pension plan explain.
- Definition Payable Through Drafts:
- Examples payment that is used to maintain control over payments made on behalf of the firm by personnel in noncentral locations. The payer's bank delivers the payable through draft to the payer, which pension plan what is.
- Definition Presale Order:
- Examples An order to purchase part of a new municipal bond issue that is accepted by an underwriting syndicate before an official public offering pension plan meaning.
- Definition Pure Yield Pickup Swap:
- Examples Moving to higher yield-bonds pension plan abbreviation.
