Definition of Severance
Severance
Sev·er·ance
Definition/Meaning
(noun)
The act of cutting off or separating something from something else.
e.g. The company offered a generous severance package to laid-off employees.
(noun)
dismissal from a job that typically results in a form of compensation;
e.g. His severance package was not as sufficient as he initially thought.
(noun)
the state of being cut off or separated;
e.g. She is experiencing the side effects of the severance in her relationship.
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