Usually means: Compensation upon ending employment relationship.
Definitions Related words Mentions
We found 22 dictionaries that define the word severance pay:

General (12 matching dictionaries)
  1. severance pay: Merriam-Webster
  2. severance pay: Oxford Learner's Dictionaries
  3. severance pay: American Heritage Dictionary of the English Language
  4. severance pay: Collins English Dictionary
  5. severance pay: Wiktionary
  6. severance pay: The Wordsmyth English Dictionary-Thesaurus
  7. severance pay: Infoplease Dictionary
  8. severance pay: Dictionary.com
  9. Severance pay: Wikipedia, the Free Encyclopedia
  10. severance pay: TheFreeDictionary.com

Business (9 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Duhaime's Canadian law dictionary (No longer online)
  3. Everybody's Legal Dictionary (No longer online)
  4. INVESTORWORDS (No longer online)
  5. MSN Money (No longer online)
  6. Severance Pay: Investopedia
  7. Severance Pay: Financial dictionary
  8. Accounting, Business Studies and Economics Dictionary (No longer online)
  9. BusinessDictionary.com (No longer online)

Slang (1 matching dictionary)
  1. severance pay: Urban Dictionary

Definitions from Wiktionary (severance pay)

noun:  Money paid as compensation to someone whose employment is ended, often in exchange of waiver.

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