PROJECTED BENEFIT OBLIGATION (P.B.O.)


Meaning of PROJECTED BENEFIT OBLIGATION (P.B.O.) in English

A measure of a pension plan's liability at the calculation date assuming that the plan is ongoing and will not terminate in the foreseeable future. Related: accumulated benefit obligation .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.