severance package

noun

Definition of severance package

formal
: money and other benefits given when employment is ended

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Dictionary Entries Near severance package

severance contract

severance package

severance pay

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Cite this Entry

“Severance package.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance%20package. Accessed 25 Jun. 2022.

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