additional voluntary contribution
additional voluntary contribution (AVC)
A contribution paid by a member of a pension scheme to secure additional benefits.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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  • AVC — additional voluntary contribution (AVC) A contribution paid by a member of a pension scheme to secure additional benefits. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

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