MONEY-PURCHASE


Meaning of MONEY-PURCHASE in English

ˈ ̷ ̷ ̷ ̷ˌ ̷ ̷ ̷ ̷ adjective

: of, relating to, or being a plan for retirement income in which contributions are at a fixed rate and benefits are determined by what the money thus set aside will buy

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.