Le fonds de pension
Example: Le fonds de pension investit dans plusieurs secteurs pour diversifier.
Definition
"Le fonds de pension" refers to a type of investment fund that collects and manages money contributed by employees and employers to provide retirement income. It invests in various sectors to grow the capital, ensuring financial security for beneficiaries upon retirement.
Etymology
The term "le fonds de pension" comes from French, where "fonds" means fund or capital, and "pension" relates to retirement income. It reflects the concept of pooling resources ('fonds') to provide a 'pension' or regular payment after retirement. Did you know this concept has roots in early social welfare ideas from Europe?
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"Le fonds de pension" appears in the Vocaplus list "French - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the pension fund