pension

Pronunciation

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Noun

Singular pension

Plural pensions

1. (countable) A pension is money paid regularly by a government or company to someone who has stopped working, usually because of age or illness.

   When her pension ran out, she had to sell her house and move in with her daughter.

   He regularly puts money into a retirement pension plan.

   The employees do not like how the company is investing their retirement pension funds.

2. (countable) In Europe, a pension is a small hotel.

   I stayed at a pension during my trip to London.

3. (countable) A pension is what you pay for living in someone else's house or for staying at a small hotel.

   Did you remember to pay the landlady the pension?

Related words

• pensioner
• pensionable