tenure

nouns

the term during which some position is held
the right to hold property; part of an ancient hierarchical system of holding lands

verbs

give life-time employment to
"She was tenured after she published her book"
domain category
the academic world
is a type of (narrower)
give a promotion to or assign to a higher position
"John was kicked upstairs when a replacement was hired"; "Women tend not to advance in the major law firms"; "I got promoted after many years of hard work"