pension

noun
pen·​sion | \ ˈpen(t)-shən How to pronounce pension (audio) \

Definition of pension

 (Entry 1 of 2)

1 \ ˈpen(t)-​shən How to pronounce ˈpen(t)-shən (audio) \ : a fixed sum paid regularly to a person:
a archaic : wage
b : a gratuity granted (as by a government) as a favor or reward
c : one paid under given conditions to a person following retirement from service or to surviving dependents

2 \ päⁿ-​ˈsyōⁿ How to pronounce päⁿ-ˈsyōⁿ (audio) \ [ French, from Middle French ]

a : accommodations especially at a continental European hotel or boardinghouse : room and board
b or less commonly pensione \ pen(t)-​ˈsyō-​(ˌ)nā How to pronounce pensione (audio) \ [ pensione, from Italian ] : a hotel or boardinghouse especially in continental Europe

pension

verb
pensioned; pensioning\ ˈpen(t)-​sh(ə-​)niŋ How to pronounce pensioning (audio) \

Definition of pension (Entry 2 of 2)

transitive verb

1 : to grant or pay a pension to
2 : to dismiss or retire from service with a pension pensioned off his faithful old servant

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Other Words from pension

Noun

pensionless \ ˈpen(t)-​shən-​ləs How to pronounce pensionless (audio) \ adjective

Examples of pension in a Sentence

Noun

Her pension arrives in the mail every month. retired people living on their pensions

Recent Examples on the Web: Noun

More unfunded pension liabilities — payments already promised to state workers that must be honored — has helped give it the worst credit rating of any state in the country. Dylan Scott, Vox, "Democratic wins in these 9 states will have seismic policy consequences," 9 Nov. 2018 Sears' pension liabilities may be a thorn in Kenmore sale. Fox News, "FOX NEWS FIRST: Tibbetts slaying becomes immigration debate lightning rod; Trump in legal peril after Cohen deal?," 22 Aug. 2018 That would have a ricochet effect for American consumers, weakening pension funds and 401(k) investments, as stocks suffer losses. Paul Davidson, USA TODAY, "Trade wars are damaging, so why is Trump fighting one with China?," 13 July 2018 The global divestment movement has urged universities, pension funds and national sovereign wealth funds to pull their money out of coal, oil and other fuels that contribute to the greenhouse gases responsible for global warming. Somini Sengupta, New York Times, "Ireland Moves to Divest From Fossil Fuels," 12 July 2018 Brown urged local governments to use the Comcast payments to pay unfunded pension liabilities. Jon Brodkin, Ars Technica, "Comcast drops bid for “gigabit” tax cut that was created for Google Fiber," 5 June 2018 The idea is to reduce steelmaking capacity and for ThyssenKrupp to pass on pension liabilities. The Economist, "Activist investors go after a German industrial icon," 31 May 2018 Our $60 billion pension liability hurts every Kentuckian. Joseph Gerth, The Courier-Journal, "Annotated Bevin: Joseph Gerth parses Kentucky governor's op-ed on vetoes," 11 Apr. 2018 Among the financial attractions at Associated is a pension, an increasingly rare employee benefit nowadays. Paul Gores, Milwaukee Journal Sentinel, "Intangibles such as collegiality, opportunity and connection are marks of great workplaces," 4 May 2018

Recent Examples on the Web: Verb

Probably to help the dangerous situation in the northwest, a local aristocrat, Sir William Brereton managed to have the Abbot’s death sentence cancelled and he and his canons were pensioned off with the closure of Norton Abbey. James Rogers, Fox News, "King of rage: Henry VIII’s bloodthirsty letter demands monk’s brutal death," 2 May 2018 The elderly could be pensioned off, the young dispatched to college and those who had jobs sent back to work. The Economist, "Fifteen years after America’s invasion, Iraq is doing well," 28 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'pension.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of pension

Noun

14th century, in the meaning defined at sense 1

Verb

1598, in the meaning defined at sense 1

History and Etymology for pension

Noun

Middle English, from Anglo-French, from Latin pension-, pensio, from pendere to pay — more at pendant

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Dictionary Entries near pension

pen shell

pensil

pensile

pension

pensionable

pensionado

pensionary

Statistics for pension

Last Updated

8 Apr 2019

Look-up Popularity

Time Traveler for pension

The first known use of pension was in the 14th century

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More Definitions for pension

pension

noun

English Language Learners Definition of pension

: an amount of money that a company or the government pays to a person who is old or sick and no longer works

pension

noun
pen·​sion | \ ˈpen-shən How to pronounce pension (audio) \

Kids Definition of pension

 (Entry 1 of 2)

: a sum paid regularly to a person who has retired from work

pension

verb
pensioned; pensioning

Kids Definition of pension (Entry 2 of 2)

: to grant or give a regularly paid sum to (a person who has retired from work)

pension

noun
pen·​sion

Legal Definition of pension

: money paid under given conditions to a person following retirement or to surviving dependents — see also defined benefit plan, defined contribution plan

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Comments on pension

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