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
Those who don’t request a move are eligible for severance pay.
—
Glenn Taylor, Footwear News, 2 Apr. 2026
Applicants will receive at least 24 months of base salary as severance pay, depending on their years of service, along with support for re-employment or starting a business.
—Glenn Taylor, Sourcing Journal, 9 Feb. 2026
According to Gacioch's employment contract, which is public record, if terminated for any other reason than just cause, Gacioch is entitled to severance pay up to nine months.
—Alysia Burgio, CBS News, 10 Dec. 2025
The new wording would also give the council wiggle room in deciding the city manager's annual salary, contract term and amount of severance pay.
—Elena Santa Cruz, AZCentral.com, 4 Nov. 2025
See All Example Sentences for severance pay
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Glenn Taylor, Footwear News, 2 Apr. 2026
Applicants will receive at least 24 months of base salary as severance pay, depending on their years of service, along with support for re-employment or starting a business.
—Glenn Taylor, Sourcing Journal, 9 Feb. 2026
According to Gacioch's employment contract, which is public record, if terminated for any other reason than just cause, Gacioch is entitled to severance pay up to nine months.
—Alysia Burgio, CBS News, 10 Dec. 2025
The new wording would also give the council wiggle room in deciding the city manager's annual salary, contract term and amount of severance pay.
—Elena Santa Cruz, AZCentral.com, 4 Nov. 2025
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 6 Apr. 2026.
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