severance pay

noun

: an allowance usually based on length of service that is payable to an employee on termination of employment

Examples of severance pay in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Towson Apple employees were concerned about wages, severance pay, job security, and being replaced by seasonal or temporary workers. Adam Thompson, CBS News, 27 Apr. 2026 While many of Swalwell’s staffers have already quit, remaining staffers not involved in constituent services would lose their jobs and receive no severance pay. Ana Ceballos, Los Angeles Times, 13 Apr. 2026 Those who don’t request a move are eligible for severance pay. Glenn Taylor, Footwear News, 2 Apr. 2026 Applicants will receive at least 24 months of base salary as severance pay, depending on their years of service, along with support for re-employment or starting a business. Glenn Taylor, Sourcing Journal, 9 Feb. 2026 See All Example Sentences for severance pay

Word History

First Known Use

1937, in the meaning defined above

Time Traveler
The first known use of severance pay was in 1937

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Cite this Entry

“Severance pay.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance%20pay. Accessed 2 May. 2026.

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