pension
noun
[ ˈpɛnʃ(ə)n ]
• a regular payment made by the state to people of or above the official retirement age and to some widows and disabled people.
• "men can draw a pension from the age of sixty-five"
pension
verb
• dismiss someone from employment, typically because of age or ill health, and pay them a pension.
• "he was pensioned off from the army after the war"
Origin:
late Middle English (in the sense ‘payment, tax, regular sum paid to retain allegiance’): from Old French, from Latin pensio(n- ) ‘payment’, from pendere ‘to pay’. The current verb sense dates from the mid 19th century.
pension
noun
• a small hotel or boarding house in France and other European countries.
Origin:
French.
