Severance pay
noun
noun ·Rare ·Advanced level
Definitions
Noun
- 1 Money paid as compensation to someone whose employment is ended, often in exchange of waiver. uncountable
"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."
Example
More examples"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."