Associations to the word «Severance»

Wiktionary

SEVERANCE, noun. The act of severing or the state of being severed.
SEVERANCE, noun. A separation.
SEVERANCE, noun. A severance payment.
SEVERANCE PAY, noun. Money paid as compensation to someone whose employment is ended, often in exchange of waiver.
SEVERANCE PAYMENT, noun. Money that an employer pays to an employee when the employee leaves the company in case of layoffs, often in exchange for some kind of waiver.
SEVERANCE TAX, noun. (US) A state tax on the extraction of nonrenewable natural resources (such as minerals, petroleum, or natural gas) that will be used in another state.

Dictionary definition

SEVERANCE, noun. A personal or social separation (as between opposing factions); "they hoped to avoid a break in relations".
SEVERANCE, noun. The act of severing.

Wise words

Life has no meaning unless one lives it with a will, at least to the limit of one's will. Virtue, good, evil are nothing but words, unless one takes them apart in order to build something with them; they do not win their true meaning until one knows how to apply them.
Paul Gauguin