Meaning & Definition of word "Severance"

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.