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defined benefit plan

A plan established and maintained by an employer primarily to provide systematically for the payment of definitely determinable benefits to employees over a period of years, usu. for life, after retirement; any pension plan that is not a defined-contribution plan. • Retirement benefits under a defined-benefit plan are generally based on a formula that included

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defined contribution plan

defined contribution plan 定额交费计划;固定醵出金计划 又称货币购买计划。根据该计划的安排,每位参加者都有一个个人账户。给付金的多少完全取决于参加者或其公司交费数量、基金投资情况、罚没情况及计划维持费等情况。也称既定捐纳计划,指从养老金计划组织者的未来总支出角度衡量退休后所有养老金给付的精算现值。

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banking day

banking day. 1. Banking hours on a day when a bank is open to the public for carrying on substantially all its banking functions. • Typically, if the bookkeeping and loan departments are closed by a certain hour, the remainder of that day is not part of that bank’s banking day. 2. A day on

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attempt to attempt

attempt to attempt. A first step made toward a criminal attempt of some sort, such as a failed effort to mail someone a note inciting that person to engage in criminal conduct. • As a general rule, courts do not recognize an attempt to commit a crime that is itself an attempt. But some jurisdictions

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