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pension

pen·sion

pension

 
 
pronunciation:
pen shn
parts of speech:
noun, transitive verb
features:
Word Combinations (noun, verb), Word Explorer
part of speech: noun
definition 1: a sum of money paid regularly by the government or a former employer as a retirement or disability benefit.
a monthly pension of two thousand dollars
definition 2: a small, inexpensive hotel or boarding house, esp. in Europe.
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part of speech: transitive verb
inflections: pensions, pensioning, pensioned
definition 1: to pay a regular sum of money to, for retirement or disability; pay a pension to.
The company pensions all of its employees.
definition 2: to dismiss or cause to retire with a pension (often fol. by "off").
The company pensioned her off at sixty-three.
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derivations: pensionable (adj.), pensionless (adj.)
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  money, work