This is the 4347th most frequent Korean word.
퇴임
Retirement.
The word '퇴임' here is used to indicate a person's retirement from their professional workplace, specifically a company.
그는 회사 퇴임 후 작은 가게를 열었다.
He opened a small shop after retiring from the company.
In this context, '퇴임' is referring to a formal retirement from an academic institution.
박 교수님은 올 해 대학에서 퇴임하십니다.
Professor Park is retiring from the university this year.
Here, '퇴임' is mentioned in relation to a ceremony held to honor someone's retirement.