decumulation

Meanings

• noun

  The gradual reduction or decrease of something, especially a pension or retirement fund.

  - "After years of working, he was finally eligible for decumulation of his pension."
  - "The decumulation of the company's retirement fund was necessary to meet its financial obligations."

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Variants

List of all variants of decumulation that leads to same result
decimalisation , decimalisations , decimalization

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Etymology

origin and the way in which meanings have changed throughout history.

Decumulation is derived from the Latin word 'decumulare,' which means 'to heap up or pile up in reverse order.'

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Decumulation is the opposite of accumulation.

2. Decumulation is an important concept in retirement planning and financial management.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Annuitization: Annuitization is the process of converting a retirement account or pension into a series of regular payments.

2. Pension: A pension is a retirement plan where an employer promises to make periodic payments to an employee after retirement.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Decumulation is often discussed in the context of retirement planning and financial management.

How to Memorize "decumulation"

1. visualize
   

   - Imagine a pile of money or assets gradually decreasing in size.

2. associate
   

   - Associate decumulation with the idea of gradually reducing or decreasing something.

3. mnemonics
   

   - Remember the phrase 'Decreasing Cumulative Amounts' to help remember the meaning of decumulation.

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