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n 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.

n A stated regular allowance by way of patronage or subsidy, e.g. to meritorious artists, or the like.

n Accommodations or the payment for accommodations, especially at a boarding house or small hotel in Europe.

n A boarding house or small hotel, as in continental Europe, which offers lodging and certain meals and services.

n (archaic) A wage in active service

v To grant a pension

v To force someone to retire on a pension.