Definition Definition

pension - Meaning and Examples

Meaning of 'pension' (Webster Dictionary)

1 . Pension [ n.]
- A payment; a tribute; something paid or given.
- A stated allowance to a person in consideration of past services; payment made to one retired from service, on account of age, disability, or other cause; especially, a regular stipend paid by a government to retired public officers, disabled soldiers, the families of soldiers killed in service, or to meritorious authors, or the like.
- A certain sum of money paid to a clergyman in lieu of tithes.
- A boarding house or boarding school in France, Belgium, Switzerland, etc.
2 . Pension [ v. t.]
- To grant a pension to; to pay a regular stipend to; in consideration of service already performed; -- sometimes followed by off; as, to pension off a servant.