retirement fund
Noun
Meaning
a monthly payment made to someone who is retired from work
Source: WordNetSynonyms
Hypernyms
Examples
Money you won't need to use for at least seven years is money for investing. The goal here is to have your account grow over time to help you finance a distant goal, such as building a retirement fund. Since your goal is in the future, money for investing belongs in stocks.
IBM Retirement Fund bought a new position in shares of Trimble Inc (NASDAQ:TRMB) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
IBM Retirement Fund now owns 3,002 shares of the technology company’s stock valued at $659,000 after purchasing an additional 103 shares during the period.
New York State Common Retirement Fund lessened its position in shares of FirstCash Inc (NYSE:FCFS) by 0.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission.
New York State Common Retirement Fund now owns 72,359 shares of the real estate investment trust’s stock valued at $978,000 after acquiring an additional 3,082 shares in the last quarter.
Oregon Public Employees Retirement Fund increased its holdings in shares of Nutanix by 1.9% in the fourth quarter.