Examlex
Companies that use pricing to achieve marketing objectives are engaged in static pricing.
Pension Plan
A pension scheme in which an employer is obliged to contribute to a fund allocated for an employee's future benefit.
Plan Contribution
Money added to a retirement or pension plan, either by individuals or employers, to save for the future.
Actuarially Determined
Calculated using actuaries' methods and assumptions, typically in the context of pension plans and insurance.
Discount Rate
The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows or investments.
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