Definition of Severance payment

1. Noun. 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. ¹



¹ Source: wiktionary.com

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Lexicographical Neighbors of Severance Payment

severalise
severalities
severality
severalize
severalized
severalizes
severalizing
severall
severally
severals
severalties
severalty
severance
severance agreement
severance pay
severance payment (current term)
severance tax
severances
severaunce
severe
severe acute respiratory syndrome
severe combined immunodeficiency disease
severe combined immunodeficient mice
severe postanoxic encephalopathy
severed
severely
severeness
severenesses
severer

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