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  1. severance: 1 n the act of severing Synonyms: severing Type of: cut , cutting the act of cutting something into parts n a personal or social separation (as between opposing factions) Synonyms: breach , break , falling out , rift , rupture Examples: Great Schism the period from 1378 to 1417 during which there were two papacies in the Roman ...

  2. SEVERANCE definition: a situation in which an employer forces an employee to leave a job: . Learn more.

  3. traducir SEVERANCE: indemnización por cese, ruptura, ruptura. Más información en el diccionario inglés-español.

  4. May 6, 2024 · Severance Package: A bundle of pay and benefits offered to an employee upon being laid off from a company. The receipt of a severance package is contingent upon signing a severance agreement. The ...

  5. 3 meanings: 1. the act of severing or state of being severed 2. a separation 3. law the division into separate parts of a joint.... Click for more definitions.

  6. Definition of severance noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

  7. Jan 23, 2024 · That’s severance pay. (Those agreements can also sometimes include continuing your health-care benefits for a specific period of time.) Why do companies offer severance pay? Companies offer severance so that your income won’t disappear overnight. That’s obviously good for you, but it’s good for the company, too, from a morale standpoint.