Definition of severance package
formal
: money and other benefits given when employment is ended
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Word by Word Definitions
severance
play
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package
play
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: the act or process of packing
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: a small or moderate-sized pack : parcel
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: a commodity or a unit of a product uniformly wrapped or sealed
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: to make into a package
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: to present (something, such as a product) in such a way as to heighten its appeal to the public
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: to enclose in a package or covering
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