severance pay
noun
: an allowance usually based on length of service that is payable to an employee on termination of employment
Examples of severance pay in a Sentence
Recent Examples on the Web
In addition to seeking severance pay, Newton is asking the court to order the county to release the audio recording and pay attorneys’ fees associated with the records dispute.
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Nora O'Neill, Charlotte Observer, 19 May 2026
Starbucks said the latest restructuring will result in about $400 million in charges, including a $280 million write-down because some of its long-term assets (buildings, equipment) are now less valuable, and $120 million in cash charges tied to severance pay.
—Paulina Likos, CNBC, 15 May 2026
If she were terminated before then, the city would be obligated to give 60 days’ notice and provide 20 weeks of severance pay, close to $140,000.
—Susannah Bryan, Sun Sentinel, 6 May 2026
The severance pay period for the complainant is listed at $39,250.
—John Parkinson, ABC News, 5 May 2026
See All Example Sentences for severance pay
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Nora O'Neill, Charlotte Observer, 19 May 2026
Starbucks said the latest restructuring will result in about $400 million in charges, including a $280 million write-down because some of its long-term assets (buildings, equipment) are now less valuable, and $120 million in cash charges tied to severance pay.
—Paulina Likos, CNBC, 15 May 2026
If she were terminated before then, the city would be obligated to give 60 days’ notice and provide 20 weeks of severance pay, close to $140,000.
—Susannah Bryan, Sun Sentinel, 6 May 2026
The severance pay period for the complainant is listed at $39,250.
—John Parkinson, ABC News, 5 May 2026
See All Example Sentences for severance pay
Cite this Entry
“Severance pay.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance%20pay. Accessed 20 May. 2026.
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