P

(A) A retirement fund that is partial compensation in the future for work performed by employees and may contain some portion contributed by employees with a contribution from the employer. (B) A stated and certain allowance granted by the government to an individual, or those who represent him, for valuable services performed by him for the country. The government of the … [Read more...] about PENSION

Latin, meaning During litigation nothing should be changed. … [Read more...] about PENDENTE LITE NIHIL INNOVETUR

A public insurance fund (not for profit) which provides limited coverage against bankrupt pension funds. … [Read more...] about PENSION BENEFIT GUARANTY CORPORATION (PBGC)

civil law. The fruits of the earth not yet separated from the ground; the fruits hanging by the roots. … [Read more...] about PENDENTES

One who is supported by an allowance at the will of another; a dependent. It is usually applied (in a public sense) to those who receive pensions or annuities from government, who are chiefly such as have retired from places of honor and emolument. Jacob. Persons making periodical payments are sometimes so called. Thus, resident undergraduates of the university of Cambridge, … [Read more...] about PENSIONER