What does severance payment mean?

Definitions for severance payment
sev·er·ance pay·ment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word severance payment.

Wiktionary

  1. severance paymentnoun

    Money that an employer pays to an employee when the employee leaves the company in case of layoffs, often in exchange for some kind of waiver.

How to pronounce severance payment?

How to say severance payment in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of severance payment in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of severance payment in Pythagorean Numerology is: 6

Examples of severance payment in a Sentence

  1. John Conyers:

    In this case, I expressly and vehemently denied the allegations made against me and continue to do so, that should not be lost in the narrative. The resolution was not for millions of dollars, but rather for an amount that equated to a reasonable severance payment.

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"severance payment." Definitions.net. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.definitions.net/definition/severance+payment>.

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