What does "pensioner" mean?

Pensioner: One of an honorable band of gentlemen who attend the sovereign of England on state occasions, and receive an annual pension, or allowance, of £150 and two horses.

Additional senses

  1. 2.Etym: [Cf. F. pensionnaire one who pays for his board. Cf. Pensionary, n.] In the university of Cambridge, England, one who pays for his living in commons; -- corresponding to commoner at Oxford. Ld. Lytton.

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