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
When the workforce is in flux, for instance, severance pay and related expenses can quickly add up.
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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
Factor in emergency savings, severance pay, unemployment benefits or income from a partner or family member.
—Margaret Cirino, NPR, 25 June 2025
See All Example Sentences for severance pay
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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
Factor in emergency savings, severance pay, unemployment benefits or income from a partner or family member.
—Margaret Cirino, NPR, 25 June 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 16 Sep. 2025.
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