Employer Assets

Employers’ Contingent Lien Against Assets Liability
A contingent claim, or lien, placed by the Pension Benefit Guaranty Corporation (PBGC) against an employer's assets upon the termination of a pension plan to cover the amount of an employee's unfunded benefits.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.