Financial Dictionary

This dictionary contains:
24549
financial terms

Pension shortfall




Pension shortfall

A situation in which a company offering employees a defined benefit plan does not have enough money set aside to meet the pension obligations to employees who will be retired in the future.

RELATED TERMS
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Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.

Money
A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc.

Pension
A regular sum of money paid to a retired worker in return for past services or contributions.

Will
The written expression of a person's wishes as to how his property should be distributed by his executors.

Future
Contracts covering the sale of financial instruments or physical commodities for future delivery on a commodity exchange.



SIMILAR TERMS
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PENSACOLA Credit Union
PENSACOLA is a credit union with head office in PENSACOLA, FL

PENSACOLA GOVERNMENT Credit Union
PENSACOLA GOVERNMENT is a credit union with head office in PENSACOLA, FL

PENSACOLA L & N Credit Union
PENSACOLA L & N is a credit union with head office in PENSACOLA, FL

Pension
A regular sum of money paid to a retired worker in return for past services or contributions.

Pension adjustment
The amount of contributions that can be made to a Registered Retirement Savings Plan (RRSP) on top of any contributions to a Registered Pension Plan (RPP) in a given year.

Pension Benefit Guaranty Corporation (PBGC)
A federal agency that insures the vested benefits of pension plan participants (established in 1974 by the ERISA legislation).

Pension fund
Financial institution that invests workers' pension contributions, and pays them pensions on retirement.

Pension liabilities
Future liabilities resulting from pension commitments made by a corporation. Accounting for pension liabilities varies widely by country.

Pension parachute
A form of poison pill providing that in the event of a hostile takeover attempt, any excess pension plan assets can be used to benefit pension plan participants. In the context of corporate governance, these provisions prevent an acquirer from using surplus cash in the pension fund of the target in order to finance an acquisition.

Pension plan
A fund that is established for the payment of retirement benefits.

Pension reversion
Termination of an over funded defined benefit pension plan and replacement of it with a life insurance company-sponsored fixed annuity plan.

Pension sponsors
Organizations that have established a pension plan.



PREVIOUS AND NEXT TERMS
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Pension fund
Financial institution that invests workers' pension contributions, and pays them pensions on retirement.

Pension liabilities
Future liabilities resulting from pension commitments made by a corporation. Accounting for pension liabilities varies widely by country.

Pension parachute
A form of poison pill providing that in the event of a hostile takeover attempt, any excess pension plan assets can be used to benefit pension plan participants. In the context of corporate governance, these provisions prevent an acquirer from using surplus cash in the pension fund of the target in order to finance an acquisition.

Pension plan
A fund that is established for the payment of retirement benefits.

Pension reversion
Termination of an over funded defined benefit pension plan and replacement of it with a life insurance company-sponsored fixed annuity plan.

Pension shortfall

Pension sponsors
Organizations that have established a pension plan.

Penultimate profit prospect (PPP)
The second-lowest-priced of the ten highest-yielding stocks in the Dow Jones Industrial Average that is said (by authors O'Higgins and Downes) to be the Dow stock with the best possibility of outperforming the average as a whole.

People pill
A form of poison pill providing that the entire management threatens to resign in the event of a takeover.

Per annum
Yearly.

Per capita
A Latin term that translates into "by head," basically meaning "average per person."

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This dictionary contains 24549 terms.







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