severance package

/ˈsɛvərəns ˈpækəʤ/
/ˈsɛvrəns ˈpækɪʤ/
IPA guide

Other forms: severance packages

Definitions of severance package
  1. noun
    pay and benefits given to an employee let go from a job through no fault of their own, such as during a layoff or downsizing
Cite this entry
Style:
MLA
  • MLA
  • APA
  • Chicago

Copy citation
DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘severance package'. Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors. Send us feedback
Word Family