UK:*UK and possibly other pronunciationsUK and possibly other pronunciations/ˈpɛnʃən/US:USA pronunciation: IPA and respellingUSA pronunciation: IPA/ˈpɛnʃən/ ,USA pronunciation: respelling(pen′shən; Fr. pän syôn′for 3)
pen•sion/ˈpɛnʃən/USA pronunciationn., pl.-sions/-ʃənz; Fr. -ˈsyɔ̃ for 3.USA pronunciationv. n.[countable]
a fixed amount of money paid regularly to one who no longer works for a company, for past services, etc.:He watched his pension dwindle.
(in Europe) a boardinghouse or small hotel:a small pension in Barcelona.
v.
to grant or pay a pension to:[~ + object]The company will pension you at age 55.
to cause (someone) to retire on a pension: [~ + off + object]The company pensioned off most of its workers.[~ + object + off]The company pensioned us off.
pen•sion•er, n.[countable]pensioners and others on fixed incomes.See -pend-.
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.
an allowance, annuity, or subsidy.
(in France and elsewhere in continental Europe)
a boardinghouse or small hotel.
room and board.
v.t.
to grant or pay a pension to.
to cause to retire on a pension (usually fol. by off ).
Latin pēnsiōn- (stem of pēnsiō) a weighing out, hence, a paying out, installment paying, equivalent. to pēns(us) (past participle of pendere to weigh out, pay by weight, equivalent. to pend- verb, verbal stem + -tus past participle suffix, with dts) + -iōn- -ion