severance
Americannoun
-
a breaking off, as of a friendship.
-
Law. a division into parts, as of liabilities or provisions; removal of a part from the whole.
noun
-
the act of severing or state of being severed
-
a separation
-
law the division into separate parts of a joint estate, contract, etc
Other Word Forms
- nonseverance noun
Etymology
Origin of severance
First recorded in 1375–1425; late Middle English severaunce, from Anglo-French; equivalent to sever + -ance
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
It accused Nexstar of pushing “to gut severance pay and insert onerous provisions into the union contract that limit workers’ ability to freely negotiate the terms of their own employment.”
From Los Angeles Times
Dismissals would become cheaper and more predictable for employers, who will be required to make monthly contributions into a dedicated fund that is earmarked to cover future severance costs.
The draft law reduces severance pay, allows payments in kind and restricts vacation usage, among other proposals that the General Confederation of Labor considers "regressive."
From Barron's
T-Mobile said severance and costs related to a workforce transformation and reinvestment initiative had hit its earnings for the quarter by 26 cents a share.
From Barron's
The recent quarter included certain severance costs, net of tax, of $293 million, the company said.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.