Meaning

(finance) 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..

Definitions by Sense

1. (finance) 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.
2. (obsolete) A wage or fee.
3. (obsolete) A charge or expense of some kind; a tax.
4. A sum paid to a clergyman in place of tithes.
5. (now historical) A regular allowance paid to support a royal favourite, or as patronage of an artist or scholar.
6. (transitive) To grant a pension to.
7. (transitive) To force (someone) to retire on a pension.
8. A boarding house or small hotel, especially in continental Europe, which typically offers lodging and certain meals and services.

Example Sentences

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

Word Forms

• pensions
• pensioning
• pensioned

Synonyms for pension

Related Words

When Should You Use Pension?

Use pension when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.

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