pension
pen·sion1 / ˈpenshən/ • n. a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life. ∎ a regular payment made by the government to people of or above the official retirement age and to some widows and disabled people. ∎ chiefly hist. a regular payment made to a royal favorite or to an artist or scholar to enable them to carry on work that is of public interest or value.• v. [tr.] (pension someone off) dismiss someone from employment, typically because of age or ill health, and pay them a pension: he was pensioned off from the army at the end of the war.DERIVATIVES: pen·sion·less adj.pen·sion2 / pänsēˈōn/ • n. a boardinghouse in France and other European countries, providing full or partial board at a fixed rate.
