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Also available:
World English Dictionary
Dictionnaire Français
severance pay
sev·er·ance pay
noun
Definition:
compensation for loss of job:
money paid as compensation, on the basis of length of service, to an employee whose job ceases to exist
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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