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superannuation fund

 

Definitions from WordNet

Noun superannuation fund has 1 sense
  1. pension fund, superannuation fund - a fund reserved to pay workers' pensions when they retire from service
    --1 is a kind of fund, monetary fund

Definitions from the Web

Term: Superannuation Fund

Part of Speech: Noun

Sense 1:

Definition: A fund created by an employer to provide financial support for employees after their retirement.

Sample Sentence: Employees are encouraged to contribute a portion of their salary to their superannuation fund for a secure retirement.

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Sense 2:

Definition: An investment vehicle in which individuals contribute a portion of their income during their working years to accumulate savings for retirement.

Sample Sentence: When considering investing for retirement, individuals often choose to establish a superannuation fund as a long-term savings plan.

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