pension
n//pɑnˈsjoʊn//pensionat, pension
A boarding house or small hotel, especially in continental Europe, which typically offers lodging and certain meals and services. [from 17th c.]
(finance) An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes. [from 16th c.]