pension
/ˈpɛnʃ(ə)n//ˈpɛnʃ(ə)n/noun
Definitions
An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes.
Example: Many old people depend on their pension to pay the bills.
A boarding house or small hotel, especially in continental Europe, which typically offers lodging and certain meals and services.
Example: 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).
A wage or fee.
A charge or expense of some kind; a tax.
verb
Definitions
To grant a pension to.
To force (someone) to retire on a pension.