The abbreviation "PF" can stand for different things depending on the context. Here are the different meanings of "PF" based on the search results:
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Personal Foul: In sports, particularly in basketball, "PF" stands for "personal foul".
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Provident Fund: In the financial context, "PF" refers to a provident fund, which is an investment fund established by employers and employees to serve as long-term savings to support an employees retirement.
A provident fund is a compulsory, government-managed retirement savings scheme used in various countries, including Singapore and India. Both the employee and employer contribute to the fund, which aims to provide financial support to the employee upon retirement. The fund is managed by the government, with set minimum and maximum contribution levels.
The public provident fund (PPF) is a type of provident fund maintained by government bodies, and it is defined by the voluntary nature of investment on the part of the employee. The PPF has a lock-in period and specific deposit limits.
In summary, "PF" can refer to "personal foul" in sports or "provident fund" in the context of retirement savings and investments.
