Examlex
If you were looking to work in the rooms department, you might except a position as the recreation supervisor.
Minimum Funding Requirements
Regulated benchmarks that pension plans or other forms of retirement funds must reach to ensure they have sufficient assets to meet future obligations.
Plan Assets
Investments and other assets held by a pension or retirement plan to fund the benefits promised to participants.
GAAP
Generally Accepted Accounting Principles, a common set of accounting principles, standards, and procedures under which financial statements are prepared, applicable within a specific jurisdiction or country.
Asset Returns
Represents the earnings generated from an investment in assets, typically expressed as a percentage of the original investment cost.
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