severance payment
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severance payment
noun severance payments
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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.
And it gets worse. Barcelona will have to pay even more if he is fired in the interim. Last week, TV3 reported that a high severance payment - amounting to a total of about 12m euros - is on the table.
Similar: severance pay, severance
Talk about this word "severance payment." Wiktionary, via Micwyn, micwyn.com/word/severance%20payment. Accessed 6 Nov. 2026. severance payment. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/severance%20payment "severance payment." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/severance%20payment.Cite this
@misc{severance_payment_2026,
title = {severance payment},
howpublished = {Wiktionary, via Micwyn},
year = {2026},
url = {https://micwyn.com/word/severance%20payment},
urldate = {2026-11-06}
}
