: the act or process of severing: the state of being severed
Examples of severance in a Sentence
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Zaslav's exit package consists of hundreds of millions of dollars in severance and other stock awards tied to Paramount's acquisition.—Lillian Rizzo, CNBC, 23 Apr. 2026 The spokesperson added that the Chan Zuckerberg Initiative has also provided significant financial support for The Primary School staff, including severance and extended medical coverage.—Jason Green, Mercury News, 22 Apr. 2026 The restaurant group added that those staff members were offered severance.—Aki Nace, CBS News, 16 Apr. 2026 As a result of the layoffs, Snap expects to incur pre-tax charges of $95 million to $130 million, primarily consisting of severance and related costs, contract termination costs, and other impairment charges, of which $75 million to $100 million are expected to be future cash expenditures.—Todd Spangler, Variety, 15 Apr. 2026 See All Example Sentences for severance