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Từ vựng:

pension fund

Giải nghĩa:

/ˈpɛnʃən fʌnd/ – Phrase


Definition: Quỹ hưu trí.

A more thorough explanation: money and investments used to provide pensions for employees who no longer work at the company because they have reached the pension age (=the age when you can stop working and begin to receive regular sums of money from the state, a pension company, or an employer’s pension fund)

Example: He said the council’s tobacco investment was less than 1% of its pension fund.