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Definitions

severance

[sev-er-uhns, sev-ruhns] / ˈsɛv ər əns, ˈsɛv rəns /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Several others described receiving early morning emails informing them they were no longer employed and would receive one month of severance pay.

From BBC

The university has also opened a new voluntary severance scheme for academic staff.

From BBC

Some $335 million would only kick in if the other payments trigger a 20% federal excise tax on “golden parachute” severance payments he receives.

From The Wall Street Journal

Alaska draws revenue from oil-and-gas production both from royalties and through a progressive severance tax, which means the tax grows as the price of crude climbs.

From The Wall Street Journal

Jones told MPs Lord Mandelson's position on severance pay was "inappropriate and unacceptable".

From BBC