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Meaning of pension

pen•sion

Pronunciation: (pen'shun Fr. pän&sylpsyôn' for 3), [key]
— n., pl. v. -sions
—n.
  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)
    1. a boardinghouse or small hotel.
    2. room and board.
—v.t.
  1. to grant or pay a pension to.
  2. to cause to retire on a pension (usually fol. by off&hasp;).
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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