An occupational pension which allows a person to change employers without loss of pension rights. A pension may be made portable when an employee leaves a firm in two ways. One method is for the employee's accrued pension contributions to be frozen in the former employer's pension fund until the employee reaches pensionable age, when the fund will pay part of their pension. The other method is for the former employer to transfer an agreed capital sum equal to the present discounted value of accrued pension rights either to the new employer's pension fund, or to a personal pension scheme, independent of any employer, operated by an insurance company.

• multiplier-accelerator model
• multi-product firm
• mutual fund
• NAFTA
• NAIRU
• name
• name at Lloyd's
• narrow-band ERM
• NASDAQ
• Nash equilibrium
• national accounts
• National Association of Securities Dealers Automated Quotation System
• National Bureau of Economic Research
• national debt
• National Economic Development Council
• National Health Service
• national income
• national income accounts
• National Institute of Economic and Social Research
• National Insurance contributions
• nationalization
• nationalized industry
• national product
• National Savings
• national treatment