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
The new wording also gives the council wiggle room in deciding the city manager's annual salary, contract term and amount of severance pay.
—
Maritza Dominguez, AZCentral.com, 4 Oct. 2025
When the workforce is in flux, for instance, severance pay and related expenses can quickly add up.
—Jasmin Malik Chua, Sourcing Journal, 8 Sep. 2025
Employees sued, alleging that 6,000 former Twitter employees were owed $500 million or more in collective severance pay.
—PC Magazine, 23 Aug. 2025
New York Reuters — Elon Musk’s social media company X Corp has reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in severance pay.
—Reuters, CNN Money, 22 Aug. 2025
See All Example Sentences for severance pay
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Maritza Dominguez, AZCentral.com, 4 Oct. 2025
When the workforce is in flux, for instance, severance pay and related expenses can quickly add up.
—Jasmin Malik Chua, Sourcing Journal, 8 Sep. 2025
Employees sued, alleging that 6,000 former Twitter employees were owed $500 million or more in collective severance pay.
—PC Magazine, 23 Aug. 2025
New York Reuters — Elon Musk’s social media company X Corp has reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in severance pay.
—Reuters, CNN Money, 22 Aug. 2025
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 Oct. 2025.
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