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Definitions

severance

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


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.

The company expects to record pre-tax restructuring and charges of up to $90 million tied to the cuts, primarily in severance and related costs.

From The Wall Street Journal

Some workers who get severance packages may also not be eligible immediately.

From MarketWatch

Or was it a pretext for reducing head count and costs so they could eliminate my salary and not have to pay severance?

From New York Times

The university said 136 of the 224 members of staff who applied for voluntary severance had been approved and received offers.

From BBC

That figure includes $500 million in charges related to severance costs.

From Seattle Times