Pension \Pen"sion\, n. [F., fr. L. pensio a paying, payment, fr. pendere, pensum, to weight, to pay; akin to pend?re to hang. See Pendant, and cf. Spend.]

1. A payment; a tribute; something paid or given. [Obs.]

The stomach's pension, and the time's expense. --Sylvester.

2. 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.

To all that kept the city pensions and wages. --1 Esd. iv. 56.

3. A certain sum of money paid to a clergyman in lieu of tithes. [Eng.]

--Mozley & W.

4. [F., pronounced ?.]

A boarding house or boarding school in France, Belgium, Switzerland, etc.

Source: Webster's Revised Unabridged Dictionary (1913)
 

Pension \Pen"sion\, v. t. [imp. & p. p. Pensioned; p. pr. & vb. n. Pensioning.]

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.

One knighted Blackmore, and one pensioned Quarles. --Pope.

Source: Webster's Revised Unabridged Dictionary (1913)