Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “retire”

See all translations

retire

verb
 
 
/rɪˈtaɪər/
[I] HR, WORKPLACE to leave your job or stop working, usually because of your age or ill health: She has no plans to retire.retire from sth Jenkins retires from the firm this year.retire as sth Elkin has retired as a director after 12 years on the boardretire at sth Can I get hold of the cash in my pension fund before I retire at 65? James had to retire early after suffering three heart attacks in 2007.
[T, often passive] HR, WORKPLACE, MANAGEMENT if an employer retires an employee, they make the employee leave their job, usually because they are near the age at which they would normally stop working, or because they are ill: He was retired early by his firm. Companies typically retire workers at 60 and then hire about half of them back, often at 50-70% of their previous pay.
[T] FINANCE to pay back a debt or loan completely: The funds were used to retire debt and to finance expansion. Even after the state reduced benefits to workers and raised taxes on employers, it took until 2010 to retire that loan.
[T] to take a machine or piece of equipment out of use because it is old and no longer useful: The European-made Concorde was retired from British and French service in 2005. Among the other measures is a $35 rebate to retire older refrigerators for newer, more efficient ones.
(Definition of retire from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of retire?
Add Cambridge dictionaries to your browser to your website

Definitions of “retire” in other dictionaries

Word of the Day

make believe

believing or imagining things that appear to be attractive or exciting, but are not real

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

showrooming noun

February 23, 2015
the activity of examining a product in a physical store and then making the purchase with an online retailer Amazon’s new smartphone is specifically designed to make showrooming fast and easy.

Read More