What does "pension" mean?
An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes.
noun, verb ·Moderate ·High school level
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"Many old people depend on their pension to pay the bills."
"A pension had somewhat less to offer than a hotel; it was always smaller, and never elegant; it sometimes offered breakfast, and sometimes not"
"The company gave him a large enough pension to live on."
An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes.
Common synonyms include: aid, alimony, allotment, allowance, annuities, annuity.
The company gave him a large enough pension to live on.
Pronounced /ˈpɛnʃən/.
From Middle English pencioun, pensioun, from Anglo-Norman pencione, Old French pencion, and their source, Latin pēnsiō (“payment, weight, rent, compensation”), from the participle stem of pendō (“to weigh”).
From French pension, from Old French pencion, as etymology 1 above. Doublet of pensione.