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| sev·er·ance [ sévvərənss ] (plural sev·er·anc·es) |
noun |
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| Definition: |
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1. act of severing: an act of severing, or the state of being severed
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2. U.S. business loss of employment: loss of employment because of lack of available work.
Canadian term redundancy
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3. business
Same as severance pay
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4. law act of splitting something: the act or process of splitting into separate parts something that was held jointly, e.g. an estate
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