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retirement
(redirected from retirement account)

    Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Retirement
Removal from circulation of stock or bonds that have been reacquired or redeemed.
retirement
1. The disposal of a fixed asset at the end of its useful life. Retirement may result in a gain or loss, depending upon any compensation received for the asset and whether the asset is carried at a positive book value.
2. The voiding of a firm's own stock that has been reacquired and is being held as Treasury stock.
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