MLchartDataset catalogue

Defined Benefit Plan

Term · Finance and investing · MLC-T-FIN-000114

Defined benefit plans also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will provide you with a specified monthly benefit at retirement. The employer bears the investment risks.

Table 1. Record
IdentifierMLC-T-FIN-000114
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000114",
  "term": "Defined Benefit Plan",
  "field": "Finance and investing",
  "definition": "Defined benefit plans also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will provide you with a specified monthly benefit at retirement. The employer bears the investment risks.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/defined-benefit-plan/"
}

Record 114 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.