Associations to the word «Severance»

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.

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.