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Word: pension
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Meaning:
Noun:
- A boarding house or small hotel, as in continental Europe, which offers lodging and certain meals and services.
- Accommodations or the payment for accommodations, especially at a boarding house or small hotel in Europe.
- archaic A wage in active service
- A regularly paid gratuity paid regularly as benefit due to a person in consideration of past services; notably to one retired from service, on account of retirement age, disability or similar cause; especially, a regular stipend paid by a government to retired public officers, disabled soldiers; sometimes passed on to the heirs, or even specifically for them, as to the families of soldiers killed in service.
- A stated regular allowance by way of patronage or subsidy, e.g. to meritorious artists, or the like.
Source: Wiktionary
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Verb:
- To force someone to retire on a pension.
- To grant a pension
Source: Wiktionary
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