Word.ws English Dictionary

severance payment

severance payment noun: 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.

Noun

severance payment (plural severance payments)

  1. 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.
    • And it gets worse. Barcelona will have to pay even more if he is fired in the interim. Last week, TV3 reported that a high severance payment - amounting to a total of about 12m euros - is on the table.2021 September 22, Guillem Balagué, “Barcelona: The toxic battle ripping apart a European giant”, in BBC Sport

Synonyms of severance payment

Forms of severance payment

pluralseverance payments

Questions about severance payment

What does severance payment mean?
Severance payment means 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.
What part of speech is severance payment?
Severance payment is a noun.
What is the plural of severance payment?
The plural of severance payment is severance payments.

Words near severance payment in the dictionary

  1. severalties
  2. severalty
  3. Severan
  4. severance
  5. severance pay
  6. severance payment
  7. severance payments
  8. severance tax
  9. severance taxes
  10. severances
  11. Severas

Source and license

Adapted from Wiktionary: severance payment (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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