severance pay
Meaning
Money paid as compensation to someone whose employment is ended, often in exchange of waiver.
Synonyms
redundancy pay
layoff pay
dismissal pay
separation pay
termination pay
terminal wage
separation payment
severance wage
dismissal allowance
dismissal payment
lay-off pay
severance allowance
severance compensation
termination benefit
separation allowance
compensation for removal
redundancy payment
retirement pay
retirement payment
severance package
separation indemnity
dismissal wage
Translations
Notes
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