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severance compensation

См. также в других словарях:

  • severance pay — n. A sum of money paid to a terminated employee as compensation for firing him or her. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. severance pay Mone …   Law dictionary

  • Severance Pay — The compensation that an employer provides to an employee who has been laid off, whose job has been eliminated, who through mutual agreement has decided to leave the company, or who has parted ways with the company for other reasons. Typically,… …   Investment dictionary

  • severance — A settlement received after being released from a corporation. In the context of corporate governance, an agreement that assures high level executives of their positions or some compensation and are not contingent upon a change in control.… …   Financial and business terms

  • severance pay — noun Money paid as compensation to someone whose employment is ended. The only case for severance pay on top is that fortunes in public life are so uncertain that some MPs might be discouraged from seeking office if there weren’t any cushion. Syn …   Wiktionary

  • severance —    dismissal from employment    A kind of cutting:     She would call her lawyer about the tedious details of her severance. (N. Evans, 1995 she had not lost a husband or a limb, but been dismissed)    Whence severance pay, the compensation for… …   How not to say what you mean: A dictionary of euphemisms

  • severance pay — /ˈsɛvrəns peɪ/ (say sevruhns pay) noun money paid by a firm to employees or directors in compensation for loss of employment: *slow realization by Swinburne that he is being sacked, all very gentlemanly, with lavish severance pay. –dal stivens,… …  

  • compensation — Synonyms and related words: alienation, amends, atonement, autism, autistic thinking, avoidance mechanism, base pay, blame shifting, blood money, comeuppance, composition, compromise, consideration, correction, damages, decompensation, defense… …   Moby Thesaurus

  • severance pay — also separation pay Payment by an employer to employee beyond his wages on termination of his employment. Such pay represents a form of compensation for the termination of the employment relation, for reasons other than the displaced employee s… …   Black's law dictionary

  • severance pay — A payment made by an employer to an employee upon termination of the employment, otherwise known as dismissal compensation or separation wage. See dismissal compensation …   Ballentine's law dictionary

  • severance pay — money paid for compensation, money paid for damage that was caused …   English contemporary dictionary

  • compensation for loss of office — A payment made by a company to a director, senior executive, or consultant who is forced to retire before the expiry of a service contract, as a result of a merger, takeover, or any other reason. This form of severance pay (see also redundancy)… …   Big dictionary of business and management

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