money-purchase
noun
(modifier)
relating to a pension scheme in which both employer and employee make contributions to a fund that is used to buy an annuity on retirement. The amount paid as a pension depends on the size of the fund
Words nearby money-purchase
money tree,
money wages,
money-grubbing,
money-market certificate,
money-market fund,
money-purchase,
money-spinner,
moneybag,
moneybags,
moneychanger,
moneyed
Example sentences from the Web for money-purchase
The custom of money-purchase to the father of the bride was admitted.
Men, Women, and Gods |Helen H. Gardener