Pension (noun) Definition, Meaning & Examples

noun, plural pen·sions [pen-shuhnz; French pahn-syawn for 3 ]. /ˈpɛn ʃənz; French pɑ̃ˈsyɔ̃ for 3 /.
  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. (in France and elsewhere in continental Europe)
    • a boardinghouse or small hotel.
    • room and board.
verb (used with object)
  1. to grant or pay a pension to.
  2. to cause to retire on a pension (usually followed by off).
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
verb
  1. to grant a pension to
noun (in France and some other countries)
  1. a relatively cheap boarding house
  2. another name for full board
Pension (noun) Definition, Meaning & Examples

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