Examlex
Defined Contribution
A type of retirement plan where the amount invested is defined, but the future benefits are not guaranteed and depend on investment performance.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB).
Discount Rate
The rate of interest applied in discounted cash flow analysis to calculate the present value of forthcoming cash flows.
Defined Contribution Plan
A retirement plan where the employer, employee, or both make contributions on a regular basis, with final benefits dependent on investment performance.
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