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severance

American  
[sev-er-uhns, sev-ruhns] / ˈsɛv ər əns, ˈsɛv rəns /

noun

  1. the act of severing or the state of being severed.

  2. a breaking off, as of a friendship.

  3. Law. a division into parts, as of liabilities or provisions; removal of a part from the whole.

  4. severance pay.


severance British  
/ ˈsɛvərəns /

noun

  1. the act of severing or state of being severed

  2. a separation

  3. law the division into separate parts of a joint estate, contract, etc

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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.

From The Wall Street Journal

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.

From The Wall Street Journal