pension

Apension is a regular payment made by an employer or the government, typically to provide retirees with income. (noun)

Monthly payments your employer makes to you after you retire are an example of your pension.

See pension in Webster's New World College Dictionary

noun

a payment, not wages, made regularly to a person (or to his family) who has fulfilled certain conditions of service, reached a certain age, etc.: a soldier's pension, an old-age pension
a regular payment, not a fee, given to an artist, etc. by a patron; subsidy
in France and other continental countries
1. a boardinghouse
2. room and board

transitive verb

to grant a pension to

Related Forms:

See pension in American Heritage Dictionary 4

(pĕnˈshən)

noun

A sum of money paid regularly as a retirement benefit or by way of patronage.

transitive verb pen·sioned, pen·sion·ing, pen·sions

To grant a pension to.
To retire or dismiss with a pension: “Some French farmers suggest that the Government pension off the older and less efficient farmers” (E.J. Dionne, Jr.)

Related Forms:

(päɴ-syôɴˈ)

noun

A boarding house or small hotel in Europe: “A pension had somewhat less to offer than a hotel; it was always smaller, and never elegant; it sometimes offered breakfast, and sometimes not” (John Irving).
Accommodations or the payment for accommodations, especially at a boarding house or small hotel in Europe.
Room and board.

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» pension synonyms

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