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nondepository financial institution vs pension fund

pension fund vs nondepository financial institution

nondepository financial institution and pension fund both are nouns.

Word NounAdjectiveVerbAdverb
nondepository financial institution Yes No No No
pension fund Yes No No No
As nouns, pension fund is a hyponym of nondepository financial institution; that is, pension fund is a word with a more specific, narrower meaning than nondepository financial institution:
  • nondepository financial institution: a financial institution that funds their investment activities from the sale of securities or insurance
  • pension fund: a financial institution that collects regular contributions from employers to provide retirement income for employees
nondepository financial institution (noun) pension fund (noun)
a financial institution that funds their investment activities from the sale of securities or insurance a financial institution that collects regular contributions from employers to provide retirement income for employees
a fund reserved to pay workers' pensions when they retire from service
Difference between nondepository financial institution and pension fund

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