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retirement
noun
the
act
of
permanently
stopping
work
,
usually
because
you
have
reached
a
certain
age
•
After
forty
years
at
the
factory
,
Maria
celebrated
her
retirement
with
a
big
party
.
After
forty
years
at
the
factory
,
Maria
celebrated
her
retirement
with
a
big
party
.
•
Teachers
in
the
country
can
choose
early
retirement
after
thirty
years
of
service
.
Teachers
in
the
country
can
choose
early
retirement
after
thirty
years
of
service
.
from
retire
+-ment
,
first
recorded
in
the
1600s
meaning
“
withdrawal
,”
later
applied
to
leaving
employment
noun
the
period
of
life
after
you
have
stopped
working
•
During
his
retirement
,
James
travels
the
world
with
his
wife
.
During
his
retirement
,
James
travels
the
world
with
his
wife
.
•
Many
people
move
to
coastal
towns
in
retirement
for
the
mild
weather
.
Many
people
move
to
coastal
towns
in
retirement
for
the
mild
weather
.
noun
the
act
of
removing
something
from
service
or
use
•
The
airline
announced
the
retirement
of
its
last
jumbo
jet
.
The
airline
announced
the
retirement
of
its
last
jumbo
jet
.
•
Engineers
planned
the
retirement
of
the
old
bridge
once
the
new
one
opened
.
Engineers
planned
the
retirement
of
the
old
bridge
once
the
new
one
opened
.
noun
the
act
of
paying
off
or
cancelling
a
debt
,
bond
,
or
other
financial
obligation
•
Early
retirement
of
the
loan
saved
the
company
thousands
in
interest
.
Early
retirement
of
the
loan
saved
the
company
thousands
in
interest
.
•
The
government
announced
the
retirement
of
several
high-interest
bonds
.
The
government
announced
the
retirement
of
several
high-interest
bonds
.