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Severance Pay

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Severance Pay

Compensation that an employer gives to someone who is about to lose their job.

Notes:

Severance pay is not always paid to employees. It depends on the situation in which the employee is losing their job and whether legislation requires severance to be paid.

See also: Downsize, Employee Stock Options - ESO, Featherbedding, Golden Boot

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Settlement rate
Settlement Risk
Settling Price
Severability
severally and jointly
severally but not jointly
Severance

Severance Pay
SFE
SG
SGamp;A
SGD
SGL
SH
Shadow

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