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

Under the contract, the Board of Trustees can fire him without cause with 30 days’ notice and doesn’t specify any severance pay. — Scott Travis, Sun Sentinel, 22 Aug. 2026

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

Word History

First Known Use

1937, in the meaning defined above

Rhymes for severance pay

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