severance

IPA: sˈɛvɝʌns

Examples of "severance" in Sentences

When she left the company, she received $21 million in severance pay.
“You know where the term severance pay comes from, Scot?” said Longo as he hung the clipboard on a peg inside the cabinet and locked it again.
Cain has insisted he only knew of one complaint, and says he knew of no legal settlements--only what he calls a severance agreement with one woman.
The revelation comes one day after Doug Hampton, the husband of Ensign's former mistress, told Las Vegas Sun columnist Jon Ralston that Ensign paid Cynthia Hampton, who was also an employee of Ensign's political action committee and re-election campaign, more than $25,000 in severance when she stopped working for Ensign's political operation.