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English definition of “pension sb off”

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pension sb off

UK informal phrasal verb with pension
 
 
/ˈpenʃən/ verb
to make someone leave their job, usually because of their age or health, and pay them a pension: Despite almost bankrupting the business, the Chairman has been pensioned off with a full benefits package.
(Definition of pension sb off from the Cambridge Business English Dictionary © Cambridge University Press)
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