severance
noun
sev·er·ance
ˈsev-rən(t)s 
ˈse-və-
Examples of severance in a Sentence
Recent Examples on the Web
The company saw $225 million in restructuring charges during the first quarter, largely driven by severance and other corporate reshuffling costs.
—
Nicole Goodkind, CNN, 12 Apr. 2024
The contract also includes layoff protections including notifications ahead of job cuts and severance for permanent layoffs, which have enveloped the gaming industry in recent months.
—Antonio Pequeño Iv, Forbes, 27 Mar. 2024
See all Example Sentences for severance 
Nicole Goodkind, CNN, 12 Apr. 2024
The contract also includes layoff protections including notifications ahead of job cuts and severance for permanent layoffs, which have enveloped the gaming industry in recent months.
—Antonio Pequeño Iv, Forbes, 27 Mar. 2024
See all Example Sentences for severance
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“Severance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance. Accessed 4 May. 2024.
Copy CitationKids Definition
severance
noun
sev·er·ance
ˈsev-(ə-)rən(t)s
: the act or process of severing : the state of being severed
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