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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Defined Contribution Plans


Retirement plans that are primarily funded through employee salary deferrals. The employee (also called the "participant") is offered a choice of investments, mostly in the form of mutual funds. The participant is responsible for the performance of the account - the employer bears no responsibility for a participant's investment choices.