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
Factor in emergency savings, severance pay, unemployment benefits or income from a partner or family member.
—
Margaret Cirino, NPR, 25 June 2025
The Trump administration expects 5 to 10 percent of federal employees to accept Trump's eight months of severance pay offer, Axios reported.
—Matt Robison, Newsweek, 18 Feb. 2025
Former workers posted on social media that they were given 10 weeks of severance pay.
—Piper Heath, Los Angeles Times, 11 June 2025
With cuts from the Department of Government Efficiency approaching 300,000, per Challenger, Gray & Christmas, this will be a space to watch closely as unemployment benefits and severance pay run out.
—Jeff Cox, CNBC, 6 June 2025
See All Example Sentences for severance pay
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Margaret Cirino, NPR, 25 June 2025
The Trump administration expects 5 to 10 percent of federal employees to accept Trump's eight months of severance pay offer, Axios reported.
—Matt Robison, Newsweek, 18 Feb. 2025
Former workers posted on social media that they were given 10 weeks of severance pay.
—Piper Heath, Los Angeles Times, 11 June 2025
With cuts from the Department of Government Efficiency approaching 300,000, per Challenger, Gray & Christmas, this will be a space to watch closely as unemployment benefits and severance pay run out.
—Jeff Cox, CNBC, 6 June 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 16 Jul. 2025.
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