severance payment

From Wiktionary, the free dictionary

Archived revision by TheDaveBot (talk | contribs) as of 13:51, 17 November 2016.

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to navigation Jump to search

English

English Wikipedia has an article on:

Severance package

Noun

severance payment (plural severance payments)

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.

Synonyms

severance pay, severance

Translations

money paid to employee in case of layoff — see severance pay

Retrieved from "https://en.wiktionary.org/w/index.php?title=severance_payment&oldid=41644456"

Hidden category:

Pages with 1 entry