defined benefit

A form of defined benefits — Describing a pension scheme in which an employer agrees to provide a pension payment or lump sum on retirement that is predetermined based on the employee's length of service, earnings history and age.

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Meanings

adjectivedefined benefit (not comparable)
  1. alternativenot comparableAlternative form of defined benefits.
Cite this entry
APA

defined benefit. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/defined%20benefit

MLA

“defined benefit.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/defined%20benefit. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “defined benefit,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/defined%20benefit.

Source: defined benefit on Wiktionary, CC BY-SA 4.0.