pension
v. US //ˈpɛnʃən// pen·sion
-
1 to give a pension (v.) C1 Advanced Formalto give someone a regular payment so they can stop working.
to grant a pension to an individual, often as a requirement for their retirement.
ExampleThe company decided to pension off the older staff to make room for new graduates.
ExampleAfter forty years of loyal service, the clerk was finally pensioned off with a modest ceremony and a gold watch.
UsageCommonly appears in the phrasal verb 'pension off'.
From Middle English pencioun, pensioun, from Anglo-Norman pencione, Old French pencion, and their source, Latin pēnsiō (“payment, weight, rent, compensation”), from the participle stem of pendō (“to weigh”).
From French pension, from Old French pencion, as etymology 1 above. Doublet of pensione.
- Nounpension
- Nounpensioner