Money for retiree in French boarding house (7)

I believe the answer is:

pension

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'french boarding house' is the definition.
(type of boarding house in France)

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(Other definitions for pension that I've seen before include "Retiree's income" , "Retired person's income" , "what oldies may have earned" , "Retirement allowance" , "Payment to retired persons a continental boarding house" .)

I've seen this clue in The Times.

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