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
Employees sued, alleging that 6,000 former Twitter employees were owed $500 million or more in collective severance pay.
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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
Chevron aims to place as many employees as possible in other roles and is offering severance pay and transition assistance to those impacted.
—Alexis Simmerman, Austin American Statesman, 30 May 2025
See All Example Sentences for severance pay
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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
Chevron aims to place as many employees as possible in other roles and is offering severance pay and transition assistance to those impacted.
—Alexis Simmerman, Austin American Statesman, 30 May 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 9 Sep. 2025.
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