severance payments
severance payments is the plural of severance payment.
Meaning of severance payment
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.
- 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:
- severance pay, severance
Questions about severance payments
- What is severance payments the plural of?
- Severance payments is the plural of severance payment.
Words near severance payments in the dictionary
Source and license
Adapted from Wiktionary: severance payments (page history and authors); 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.
Last updated:
Cite this entry: “severance payments.” Word.ws, https://word.ws/severance_payments. Based on Wiktionary, CC BY-SA 4.0.
