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

Sudden closures and delays in wages and severance pay have also prompted street protests and clashes with authorities, with the minimum wage still a persistent flashpoint. — Jasmin Malik Chua, Footwear News, 29 July 2026

For instance, South Korea ruled in 2014 that future pensions and severance pay could be included in the division of assets. — Jessie Yeung, CNN Money, 26 July 2026

The only other disciplinary settlement to include severance pay was a $2,500 payment in July 2020. — Corey Schmidt july 17, Sacbee.com, 17 July 2026

Cabarrus County says former County Manager Sean Newton was fired for cause and is not entitled to nearly $290,000 in severance pay, according to its first court response to his lawsuit. — Nora O'Neill, Charlotte Observer, 26 June 2026

Word History

First Known Use

1937, in the meaning defined above

Rhymes for severance pay

• cyperaceae
• immunoassay
• rubiaceae
• umbelliferae
• aaa
• alleyway
• alumnae
• anime
• anyway
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• attache
• axillae