| / English Dictionary |
SEVERANCE AGREEMENT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An agreement on the terms on which an employee will leave
Classified under:
Nouns denoting communicative processes and contents
Hypernyms ("severance agreement" is a kind of...):
agreement; understanding (the statement (oral or written) of an exchange of promises)
Hyponyms (each of the following is a kind of "severance agreement"):
golden handshake (a lucrative severance agreement offered to an employee (usually as an incentive to retire))
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