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单词 money purchase
释义

money purchase

noun
Attributive designating or relating to a pension scheme in which the value of the pension received depends on the value of the contributions made and the returns made on their investment, rather than on the person's final salary and length of service.

Origin

1950s; earliest use found in Journal of Educational Sociology.

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更新时间:2024/12/23 14:01:46