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severance

C2
noun

Pronunciation

UK

  • /sˈɛvərəns/

US

  • /ˈsɛˌvɜrəns/
  • /ˈsɛvrəns/

Description

Severance is about a clear ending or separation. Sometimes it means a break in a relationship, a formal split between groups, or the ending of a connection that used to hold things together. The idea is usually final: something that was joined is now apart.

Today, people often hear this word at work. If a person is laid off or leaves under an agreement, they may get a "severance package" with money and sometimes benefits. In that setting, the word points to the end of the person's tie to the company and the support they receive as they move on.

Examples

  1. 1

    Layoffs

    After the layoffs, each employee received two months of severance.

  2. 2

    Benefits package

    The company offered her a generous severance package when her role was cut.

    • Phrase

      severance package

      money and other benefits given when someone leaves a job

  3. 3

    Union demand

    The union is demanding better severance pay for workers at the factory.

  4. 4

    Legal agreement

    Before signing the severance agreement, he asked a lawyer to look at it.

Forms and spellings

2 forms open this card.

Main spelling

  • severancenoun

Forms

  • severancespluralnoun