severance package

noun

formal
: money and other benefits given when employment is ended

Examples of severance package in a Sentence

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The affidavit notes that Strange signed an agreement as part of his severance package that specifically prohibited him from electronically circulating Mathers' work. arkansasonline.com, 21 Mar. 2025 Try to negotiate your severance package, and apply for unemployment benefits right away. Danielle Chemtob, Forbes, 12 Mar. 2025 And what kind of severance package might Platt get for being discharged with nearly 2 ½ years left on his contract? Mike Hendricks, Kansas City Star, 4 Apr. 2025 Employees should also request information about unemployment, workforce training and other benefits before signing off on a severance package. Vicki Salemi, Boston Herald, 23 Mar. 2025 See All Example Sentences for severance package

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“Severance package.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance%20package. Accessed 4 Jun. 2025.

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