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pension noun 1 a government allowance to a retired, disabled or widowed person. 2 a regular payment by an employer to a retired employee. 3 a regular payment from a private pension company to a person who contributed to a pension fund for much of their working life. 4 an allowance paid as a bribe for future services. 5 a boarding-house in continental Europe. See also en pension. verb (pensioned, pensioning) to grant a pension to (a person). pensioner noun someone who is in receipt of a pension.pensionless adj.
ETYMOLOGY: 14c: French, from Latin pensio payment.
pension someone off to put them into retirement, or make them redundant, on a pension.
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