retirement: Meaning and Definition of

re•tire•ment

Pronunciation: (ri-tīr'munt), [key]
— n.
  1. the act of retiring or the state of being retired.
  2. removal or withdrawal from service, office, or business.
  3. the portion of a person's life during which a person is retired.
  4. a pension or other income on which a retired person lives: His retirement is barely enough to pay the rent.
  5. withdrawal into privacy or seclusion.
  6. privacy or seclusion.
  7. a private or secluded place.
  8. orderly withdrawal of a military force, according to plan, without pressure from the enemy.
  9. withdrawal of securities from the market by a corporation, as through payment at maturity, repurchase, or exchange.
—adj.
  1. noting or pertaining to retirement: retirement pay.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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