retirement - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “retirement”

See all translations

retirement

noun
 
 
/rɪˈtaɪəmənt/
[C or U] WORKPLACE, HR the fact of leaving your job and stopping working, usually because you have reached a particular age: With retirement less than three years away, she began to worry about her personal finances. More people are taking early retirement. The union opposes raising the retirement age because of safety concerns. He announced his retirement in April in the face of mounting criticism. The stakeholder plan will allow 25% to be taken as tax-free cash on retirement.
[C or U] WORKPLACE, HR the period in someone's life after they have stopped working because they reached a particular age: We wish you a long and happy retirement His pensions and the money from the state meant he had a comfortable retirement. Many younger workers are more focused on paying off debts or making their mortgage payments than saving for (their) retirement.
[U] ACCOUNTING, FINANCE the act of paying back a debt completely: There will be a one-time charge of $29 million, or 15¢ a share, from the early retirement of debt. →  See also compulsory retirement , debt retirement , early retirement , mandatory retirement
(Definition of retirement from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of retirement?
Add Cambridge dictionaries to your browser to your website

Definitions of “retirement” in other dictionaries

Word of the Day

generous

willing to give money, help, kindness, etc., especially more than is usual or expected

Word of the Day

She’s got very good posture. (How we stand and sit)

by Kate Woodford,
May 27, 2015
Recently on this blog, we looked at the words that we use to describe the way we move. This week we’re looking at words for describing our bodies when they are still, whether we are standing or sitting. Since most of us do far too much of this, let’s start with sitting.

Read More 

ebolaphobia noun

June 01, 2015
irrational fear of the (spread of) the Ebola virus Ebolaphobia Going Viral

Read More