retirere·tire /rɪˈtaɪə-ˈtaɪr/ verb1[intransitiveI]HUMAN RESOURCES to stop work at the end of your working lifeHe wanted to retire at 50.
The company plans to eliminate 1,000 jobs by offering workers money to quit or retire early (=before the usual age).
retire asThe company’s No. 3 executive abruptly retired as a general partner, citing personal reasons.
retire fromHe will retire from his post on the management board in April.
—retired adjectiveadja retired teacher
2[transitiveT]HUMAN RESOURCES to dismiss someone who is near the end of their working lifeI took over the office when Mr Hargreaves was retired due to ill health.
3[transitiveT]FINANCE if a company retires bonds, shares etc, it buys them back from investors and takes them off the marketSYN RETRACTThe group has purchased and retired $5.1 million of its Series B shares.
4[transitiveT]FINANCE to pay off a loan completelyThe loan terms state that he may retire the debt at any time.
5[intransitiveI]LAW if the jury in a court case retires, it goes to a separate room to decide its VERDICT (=whether someone is guilty or not)