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pension fund vs nondepository financial institution

nondepository financial institution vs pension fund

pension fund and nondepository financial institution both are nouns.

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

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