pensión
pension
noun pen-SYOHN Less Common
Origin: From Latin pensio (payment, rent).
Also means
guesthouse
Usage Note
Pensión has two main meanings: a retirement or disability pension (cobrar la pensión, to collect one's pension) and a budget guesthouse or boarding house (una pensión barata, a cheap guesthouse). Context makes the sense clear. The plural pensiones loses its written accent because the stress is then regular on the penultimate syllable.
Examples
"Mis abuelos viven de su pensión."
Natural Translation
My grandparents live on their pension.
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