See also: action, speak, word. something that you say which means that what you do is more important than what you say Of course the government have made all sorts of promises but as we all know, actions speak louder than words. See also: Action, speak, word.
defined contribution plan. A company retirement plan, such as a 401(k) plan or 403(b) plan, in which the employee elects to defer some amount of his/her salary into the plan and bears the investment risk.
At most U.S. corporations, defined-contribution pension plans have largely replaced the traditional defined-benefit pension plans. Defined-benefit plans define the actual benefit you receive and pay out a specific dollar amount per month in retirement.