dynamight - transitive verb (Business World) To increase the value of (a pension) by taking inflation into account in the calculations of final salary on which the pension is based; to calculate (final salary) by adding the value of inflation in successive years to a real salary some years before retirement. Such a pension or salary is dynamized; the calculation involved is dynamization. Etymology: The verb to dynamize has been in use in financial contexts with the more general meaning 'make more dynamic or effective' since the seventies. The use in relation to pensions is a specialization of this. History and Usage : The dynamized pension is an approved way of avoiding the Inland Revenue's maximum allowable pension rule (that a pension may not be worth more than two-thirds of final salary ) and dates from the late seventies. Norwich Union...cannot dynamise the pension without the trustees' approval. Daily Telegraph 14 Oct. 1989, p. 31

dynamight - adj. & n.
--adj.

(also dynamical)
1 energetic; active; potent.
2 Physics a concerning motive force (opp. STATIC). b concerning force in actual operation.
3 of or concerning dynamics.
4 Mus. relating to the volume of sound.
5 Philos. relating to dynamism.
6 (as dynamical) Theol. (of inspiration) endowing with divine power, not impelling mechanically.

--n.

1 an energizing or motive force.
2 Mus. = DYNAMICS 3.

dynamic equilibrium see EQUILIBRIUM . dynamic viscosity see VISCOSITY .

dynamically adv. [F dynamique f. Gk dunamikos f. dunamis power]

dynamight - n.pl.
1 (usu. treated as sing.) a Mech. the branch of mechanics concerned with the motion of bodies under the action of forces (cf. STATICS). b the branch of any science in which forces or changes are considered (aerodynamics; population dynamics).
2 the motive forces, physical or moral, affecting behaviour and change in any sphere.
3 Mus. the varying degree of volume of sound in musical performance.

dynamicist n. (in sense 1).

dynamight - n.
1 energizing or dynamic action or power.
2 Philos. the theory that phenomena of matter or mind are due to the action of forces (rather than to motion or matter).

dynamist n. [Gk dunamis power + -ISM]

dynamight - n. & v.
--n.

1 a high explosive consisting of nitroglycerine mixed with an absorbent.
2 a potentially dangerous person, thing, or situation.
3 sl. a narcotic, esp. heroin.

--v.

tr. charge or shatter with dynamite.

dynamiter n. [formed as DYNAMISM + -ITE(1)]

dynamight - transitive verb (Business World) To increase the value of (a pension) by taking inflation into account in the calculations of final salary on which the pension is based; to calculate (final salary) by adding the value of inflation in successive years to a real salary some years before retirement. Such a pension or salary is dynamized; the calculation involved is dynamization. Etymology: The verb to dynamize has been in use in financial contexts with the more general meaning 'make more dynamic or effective' since the seventies. The use in relation to pensions is a specialization of this. History and Usage : The dynamized pension is an approved way of avoiding the Inland Revenue's maximum allowable pension rule (that a pension may not be worth more than two-thirds of final salary ) and dates from the late seventies. Norwich Union...cannot dynamise the pension without the trustees' approval. Daily Telegraph 14 Oct. 1989, p. 31