pension

from The Century Dictionary.

• noun A payment; a sum paid; expenditure; specifically, in the English inns of court, a small annual charge (5s. 4d.) upon each member.
• noun A stated payment to a person in consideration of the past services of himself or of some kinsman or ancestor; periodical payment made to a person retired from service on account of age or other disability; especially, a yearly sum granted by a government to retired public officers, to soldiers or sailors who have served a certain number of years or have been wounded, to the families of soldiers or sailors killed or disabled, or to meritorious authors, artists, and others.
• noun In English ecclesiastical law, a sum of money paid to a clergyman or church in lieu of tithes.
• noun An assembly of the members or benchers of Gray's Inn to consult about the affairs of the society; also, a similar assembly in Barnard's Inn. Also spelled pention.
• noun (F. pron. poṅ-sioṅ′ ). A boarding-house or a boarding-school, especially on the Continent.
• To grant a pension to: as, to pension soldiers; to pension an old servant.
• To lodge; be boarded. Compare pension, n.

from the GNU version of the Collaborative International Dictionary of English.

• noun obsolete A payment; a tribute; something paid or given.
• 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; also, 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.
• noun engraving A certain sum of money paid to a clergyman in lieu of tithes.
• noun A boarding house or boarding school in France, Belgium, Switzerland, etc.
• transitive verb To grant a pension to; to pay a regular stipend to; in consideration of service already performed; -- sometimes followed by off.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun A regularly paid gratuity paid regularly as benefit due to a person in consideration of past services; notably to one retired from service, on account of retirement age, disability or similar cause; especially, a regular stipend paid by a government to retired public officers, disabled soldiers; sometimes passed on to the heirs, or even specifically for them, as to the families of soldiers killed in service.
• noun A stated regular allowance by way of patronage or subsidy, e.g. to meritorious artists, or the like.
• noun Accommodations or the payment for accommodations, especially at a boarding house or small hotel in Europe.
• noun A boarding house or small hotel, as in continental Europe, which offers lodging and certain meals and services.
• noun archaic A wage in active service
• verb To grant a pension
• verb To force someone to retire on a pension.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• verb grant a pension to
• noun a regular payment to a person that is intended to allow them to subsist without working