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pension

English → English

noun//ˈpen.ʃən//

(finance) Retirement fund: a regular payment made by the government or a company to a retired person

My grandfather worked for the railway for forty years and now lives on his monthly pension.

(English) My grandfather worked for the railway for forty years and now lives on his monthly pension.

The company decided to increase its contribution to the employees' retirement pension plan.

(English) The company decided to increase its contribution to the employees' retirement pension plan.

noun//ˈpɒn.si.ɒn//

(travel) Guest house: a small hotel or boarding house, especially in continental Europe

During our hike through the Alps, we stayed at a charming family-run pension in the village.

(English) During our hike through the Alps, we stayed at a charming family-run pension in the village.

The pension offered a simple room and traditional breakfast for a very low price.

(English) The pension offered a simple room and traditional breakfast for a very low price.

Entry ID: en:en:pension · Source: refined · Type: vocabulary