Concept information
Preferred term
pension funds
Definition
- PENSION FUNDS MAY be defined as forms of institutional investment, which collect and invest funds contributed by sponsors and beneficiaries to provide for the future pension entitlements of beneficiaries. In the United States, a solid majority of Americans own shares in major companies, often through pension funds, and thus have a stake in the market economy. [Source: Encyclopedia of White-Collar & Corporate Crime; Pension Funds]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/pension_funds
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