Meaning & Definition of word "Severance"
to
Severance
/ˈsɛv.ər.əns/
noun:
- 1. The act of ending a connection or relationship, especially a contractual or employment relationship.
- Example: He was offered a severance package when he was laid off from his job.
- 2. The state of being separated or removed.
- Example: The severance of ties with the organization was necessary for his personal growth.
- 3. Compensation provided to an employee upon termination of employment.
- Example: She received a generous severance upon her departure from the company.
- 4. The action of cutting off or removing something.
- Example: The severance of the branch was required to prevent damage to the house.
- 5. The act of dividing or splitting apart.
- Example: The severance of the land into parcels made it easier to sell.
Etymology
Middle English: from sever + -ance.
Common Phrases and Expressions
severance pay:
Compensation given to an employee upon termination.
severance agreement:
A legal contract outlining the terms of an employee's separation from a company.
in severance of ties:
To end connections with someone or something.
Related Words
sever:
To cut off something or someone.
severing:
The act of cutting or separating.
Slang Meanings of severance
Meaning: Getting kicked to the curb
Example Sentence: After the layoffs, he felt like he was just getting kicked to the curb.
Meaning: Getting the pink slip
Example Sentence: I heard the company is downsizing; I hope I don't get the pink slip.