Pension

/ˈpɛnʃən/ noun, verb

As a noun, a pension is money paid regularly to someone who has retired from work, usually by the government or a former employer. As a verb, “to pension off” means to retire someone and start paying them this money.

“Pension” comes from Old French *pension*, meaning “payment” or “rent,” from Latin *pensio*, “a weighing, payment,” from *pendere*, “to weigh, to pay.” It originally referred to various kinds of regular payments.

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