Pension

[pen-shuh n; French pahn-syawn for 3] /ˈpɛn ʃən; French pɑ̃ˈsyɔ̃ for 3/

noun, plural pensions
[pen-shuh nz; French pahn-syawn for 3] /ˈpɛn ʃənz; French pɑ̃ˈsyɔ̃ for 3/ (Show IPA)
1.
a fixed amount, other than wages, paid at regular intervals to a person or to the person’s surviving dependents in consideration of past services, age, merit, poverty, injury or loss sustained, etc.:
a retirement pension.
2.
an allowance, annuity, or subsidy.
3.

verb (used with object)
4.
to grant or pay a pension to.
5.
to cause to retire on a pension (usually followed by off).
/ˈpɛnʃən/
noun
1.
a regular payment made by the state to people over a certain age to enable them to subsist without having to work
2.
a regular payment made by an employer to former employees after they retire
3.
a regular payment made to a retired person as the result of his or her contributions to a personal pension scheme
4.
any regular payment made on charitable grounds, by way of patronage, or in recognition of merit, service, etc: a pension paid to a disabled soldier
verb
5.
(transitive) to grant a pension to
/pɑ̃sjɔ̃/
noun (in France and some other countries)
1.
a relatively cheap boarding house
2.
another name for full board
n.

mid-14c., “payment for services,” especially “reward, payment out of a benefice” (early 14c., in Anglo-Latin), from Old French pension “payment, rent” (13c.) and directly from Latin pensionem (nominative pensio) “a payment, installment, rent,” from past participle stem of pendere “pay, weigh” (see pendant). Meaning “regular payment in consideration of past service” first recorded 1520s. Meaning “boarding house, boarding school” first attested 1640s, from French, and usually in reference to places in France or elsewhere on the Continent.
v.

1640s, “to live in a pension,” from pension (n.) or else from French pensionner. Meaning “to grant a pension” is from 1702. Related: Pensioned; pensioning.

Payments made to a retired person either by the government or by a former employer.