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 .
PROJECTED BENEFIT OBLIGATION (P.B.O.)
Meaning of PROJECTED BENEFIT OBLIGATION (P.B.O.) in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012