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Superannuation vs Fund - What's the difference?

superannuation | fund |

As nouns the difference between superannuation and fund

is that superannuation is (usually|uncountable|uk|australia|new zealand) a retirement benefit fund, an accumulation of regular deductions from one′s wage or salary while employed and similar regular contributions from the employer, usually administered by an independent entity; a pension while fund is discovery, finding, find (something that is found).

superannuation

English

Noun

(en-noun)
  • (usually, uncountable, UK, Australia, New Zealand) A retirement benefit fund, an accumulation of regular deductions from one?s wage or salary while employed and similar regular contributions from the employer, usually administered by an independent entity; a pension.
  • * 1823 , Edmund Burke (editor), Annual Register: 1822 , Volume 64, page 137,
    • One of the principal objections to it was, that the period of service, after which superannuations were granted, was too limited,.
  • * 1840 , John Henry Barrow (editor), The Mirror of Parliament , Volume 4, page 2867,
    • I think it would be harsh to deprive them of their superannuations without a knowledge of the circumstances under which they are proposed.
  • * 1991 , John Godwin, Michael Costa, Julie Hamblin, Mark Duffy, David Patterson, Australian HIV/AIDS Legal Guide , page 465,
    • A person must not discriminate by failing to supply superannuation' or insurance, or in the terms on which, or in the way in which ' superannuation or insurance is supplied.
  • * 2010 , Stephen J Marsden, Australian Master Bookkeepers Guide [2009/10] , 3rd Edition, page 578,
    • If an entity employs temporary residents who are eligible for the superannuation' guarantee, then the entity is required to make ' superannuation contributions for them.
  • (uncountable) The act or process of being superannuated.

    • Synonyms

    * (retirement fund) pension, super (colloquial) * (act of being superannuated) retirement

    fund

    English

    (wikipedia fund)

    Noun

    (en noun)
  • A sum or source of money.
    • the fund of a bank, commercial house, manufacturing corporation, etc.
    a fund for the maintenance of underprivileged students
  • An organization managing such money.
  • A money-management operation, such as a mutual fund.
    • Several major funds were declared insolvent recently.
  • A large supply of something to be drawn upon.
    • He drew on his immense fund of knowledge.
  • * Macaulay
    • an inexhaustible fund of stories

    Derived terms

    (derived terms) * balanced fund * bond fund * closed-end fund * equity fund * feeder fund * fund of funds * growth fund * hedge fund * income fund * index fund * load fund * master fund * mutual fund * open-end fund * no-load fund * pension fund * stock fund * trust fund

    Verb

    (en verb)
  • To pay for.