pension
pronunciation
How to pronounce pension in British English:
UK [ˈpenʃn]
How to pronounce pension in American English:
US [ˈpenʃn]
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- Noun:
- a regular payment to a person that iis intended to allow them to subsist without working
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- Verb:
- grant a pension to
Word Origin
- pension
- pension: see ponder
- pension (n.)
- mid-14c., "payment for services," especially "reward, payment out of a benefice" (early 14c., in Anglo-Latin), from Old French pension "payment, rent" (13c.) and directly from Latin pensionem (nominative pensio) "a payment, installment, rent," from past participle stem of pendere "pay, weigh" (see pendant). Meaning "regular payment in consideration of past service" first recorded 1520s. Meaning "boarding house, boarding school" first attested 1640s, from French, and usually in reference to places in France or elsewhere on the Continent.
- pension (v.)
- 1640s, "to live in a pension," from pension (n.) or else from French pensionner. Meaning "to grant a pension" is from 1702. Related: Pensioned; pensioning.
Example
- 1. Raimondo led the reform of rhode island 's all-but-bankrupt public employee pension system .
- 2. Progress on the former has been extremely disappointing , with italy and france already retreating on pension reform .
- 3. Greenwald said the shift of pension funds and other assets into hedge funds was creating an opportunity . "
- 4. The george h.w. administration sought muir out to serve on the pension benefit guarantee advisory committee . "
- 5. Pension liabilities have risen faster than assets .