Pension

Webster's Dictionary of the English Language

·noun A payment; a tribute; something paid or given.

II. Pension ·noun A certain sum of money paid to a clergyman in lieu of tithes.

III. Pension ·noun A boarding house or boarding school in France, Belgium, Switzerland, ·etc.

IV. Pension ·vt 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.

V. Pension ·noun 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.