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pension

Pronunciation: [ˈpɛnʃən]

Word

Context: "finance"

(noun) a regular payment that people receive after they stop working. It's like getting money every month when you're older, so you can take care of yourself when you don't have a job anymore.

Example

She receives a pension every month since she retired as a teacher.

Example

He does not have a pension and has to work even after his retirement age.

Example

Do you think the government will increase pension amounts in the future?

Context: "housing"

(noun) a type of guesthouse or small hotel, especially in Europe. It's a place where travelers can stay, usually providing a room and sometimes meals.

Example

During our trip to France, we stayed at a cozy pension with a lovely garden.

Example

The hotel was not a pension; it did not offer breakfast or a friendly atmosphere.

Example

Can you recommend a good pension for our vacation?

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