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severance

US /ˈsevərəns/UK /ˈsevərəns/

noun Advanced · C1 Nhân sự

Definition

compensation paid to an employee on early termination of an employment contract

Key corporate downsizing and HR legal term ('severance package', 'severance pay').

Examples

Staff members affected by the factory closure will receive a generous severance package.

Word Family

NounNoun
severance gốc
VerbVerb
sever
AdjectiveAdj
—
AdverbAdv
—

Synonyms

  • redundancy paymoney paid to a worker who is laid off from employment
  • compensationmoney awarded to someone as a recompense for loss, injury, or termination

Collocations

  • Easy receive severance pay
    receiving financial compensation upon involuntary employment termination
  • Medium negotiate a generous executive severance package
    arranging a substantial exit payout upon corporate separation
  • Hard calculate statutory severance pay obligations accurately
    computing legal termination compensation according to labor laws
  • Very Hard severance of diplomatic relations preceding hostilities
    the formal termination of state ties prior to international conflict

Learner's English edition · Curated definitions for TOEIC learners.