trusteed plan

noun

: a pension or retirement plan under which contributions are paid to a trustee who invests the funds and pays benefits to eligible employees compare unfunded plan

Word History

Etymology

trusteed from past participle of trustee entry 2

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Dictionary Entries Near trusteed plan

trustee

trusteed plan

trustee ex maleficio

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Cite this Entry

“Trusteed plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trusteed%20plan. Accessed 22 Nov. 2024.

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