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English
severance
ˈsev.ɚ.əns, ˈsev(ə)rəns, ˈsɛv.ɜː(ɹ)n̩s, ˈsɛv.ɹəns
Meaning: severance pay, money paid by an employer to an employee whose job has ended
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Example
After being laid off, he received a generous severance package.
After being laid off, he received a generous severance package.
Usage Notes
Usually refers to the compensation provided to an employee when they are dismissed through no fault of their own, such as during a layoff.
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