Opex and Pension Benefit Guaranty Corporation: Difference between pages

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'''Op'''erating '''Ex'''penditure.
(PBGC). ''US Pensions''.
An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds. 


Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.
The PBGC has wide powers to investigate US pension schemes and their sponsoring companies.
 
Opex is contrasted with capital expenditure ('capex').


The equivalent in the UK is the Pension Protection Fund.


== See also ==
== See also ==
* [[Capitalise]]
* [[Pension Protection Fund]]
* [[Capital expenditure]]
* [[Expenditure]]
* [[Revenue expenditure]]

Revision as of 13:57, 6 May 2013

(PBGC). US Pensions. An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds.

The PBGC has wide powers to investigate US pension schemes and their sponsoring companies.

The equivalent in the UK is the Pension Protection Fund.

See also