provident fund

noun/ˈprɒvɪdənt fʌnd/CEFR B2

ভবিষ্য তহবিল

Meaning

A savings scheme where employer and employee both pay in, and the worker takes the total at the end of service.

Example sentences

  • Five percent of my salary goes to the provident fund.বেতনের পাঁচ শতাংশ ভবিষ্য তহবিলে যায়।
  • He withdrew his provident fund on retiring.অবসরের সময় তিনি ভবিষ্য তহবিল তুলে নেন।

Common phrases with “provident fund”

  • contribute to a provident fundভবিষ্য তহবিলে জমা দেওয়া
  • provident fund balanceভবিষ্য তহবিলের স্থিতি
  • withdraw the provident fundভবিষ্য তহবিল তোলা

A common mistake

He gets his provident fund every month after retiring.→He gets his pension every month after retiring.

A provident fund pays out as one lump sum when you leave; a pension pays a little every month for life. The term is standard across South Asia and will need explaining to a British or American reader.

Synonyms & antonyms

Synonyms: retirement fund, pension

Similar words, and what each means

  • retirement fund

    অবসরের জন্য জমানো তহবিল

    Money saved and invested to live on after you stop working.

  • pension

    পেনশন, অবসরভাতা

    Regular money paid to a person after they stop working in old age.

  • retirement fund

    অবসরের জন্য জমানো তহবিল

    Money saved and invested to live on after you stop working.

Where this word is used

Check yourself

  1. “provident fund” — এর বাংলা অর্থ কোনটি?

    • • কাঁচি
    • • ভবিষ্য তহবিল
    • • তাপমাত্রা
    • • ঘুঘু
    Show the answer

    ভবিষ্য তহবিল — provident fund (noun) — ভবিষ্য তহবিল. A savings scheme where employer and employee both pay in, and the worker takes the total at the end of service.

  2. Which word is closest in meaning to “provident fund”?

    • • retirement fund
    • • bauble
    • • collaborator
    • • dependability
    Show the answer

    retirement fund — retirement fund — অবসরের জন্য জমানো তহবিল. Money saved and invested to live on after you stop working.

Related words