money purchase
money purchase adjective: 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.
Adjective
money purchase (not comparable)
- 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.
- Synonyms:
- defined contributions
Synonyms of money purchase
Antonyms
Questions about money purchase
- What does money purchase mean?
- Money purchase means 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.
- What part of speech is money purchase?
- Money purchase is an adjective.
Words near money purchase in the dictionary
Source and license
Adapted from Wiktionary: money purchase (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “money purchase.” Word.ws, https://word.ws/money_purchase. Based on Wiktionary, CC BY-SA 4.0.
