severance pay
noun
: an allowance usually based on length of service that is payable to an employee on termination of employment
Examples of severance pay in a Sentence
Recent Examples on the Web
If so, employees may be entitled to 60 days of severance pay and benefits.
—
Robert McCoppin, Chicago Tribune, 12 June 2026
Can a wage garnishment be taken from severance pay?
—Angelica Leicht, CBS News, 8 June 2026
The staff received notice Monday and were given two weeks severance pay and referral support.
—Katelyn Umholtz, Kansas City Star, 4 June 2026
Provide ample support in terms of severance pay and support for job searches.
—Expert Panel®, Forbes.com, 20 May 2026
See All Example Sentences for severance pay
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Robert McCoppin, Chicago Tribune, 12 June 2026
Can a wage garnishment be taken from severance pay?
—Angelica Leicht, CBS News, 8 June 2026
The staff received notice Monday and were given two weeks severance pay and referral support.
—Katelyn Umholtz, Kansas City Star, 4 June 2026
Provide ample support in terms of severance pay and support for job searches.
—Expert Panel®, Forbes.com, 20 May 2026
See All Example Sentences for severance pay
Cite this Entry
“Severance pay.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance%20pay. Accessed 18 Jun. 2026.
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