Tenure
WordNet
noun
(1) The right to hold property; part of an ancient hierarchical system of holding lands
(2) The term during which some position is held
verb
(3) Give life-time employment to
"She was tenured after she published her book"
WiktionaryText
Noun
- a status of possessing a thing or an office; an incumbency
- a period of time during which it is possessed
- a status of having a permanent post at an academic institution
- a right to hold land under the feudal system
Verb
- To grant tenure, the status of having a permanent academic position, to (someone).