severance pay

ˈsɛvərəns peɪ

Definition

Definition of severance pay - Reverso English Dictionary

Noun

job loss

compensation for employees when their position is eliminated

The severance pay helped him while he searched for a new job.
Severance pay was included in the employee's exit package.
Receiving severance pay eased the transition after the layoff.

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Expressions with severance

severance payment

money paid to an employee when leaving a company

He received a generous severance payment after being laid off.

severance agreement

contract for ending a job

The company offered him a severance agreement after the layoff.

severance benefits

money and other help given to workers when employment is ended

The company offered generous severance benefits after closing the factory.

Expressions with pay

pay off

repay a debt or loan in full

She managed to pay off her student loans last year.

pay down

make an initial payment on a purchase

They paid down the first installment on the new car.

pay in

deposit money into an account

She went to the bank to pay in her paycheck.

pay out

distribute money from a fund or account

The company decided to pay out dividends to shareholders.

make someone pay

cause someone to give money as a result of something

The company made the customer pay for the damages.

pay a high price

spend a lot of money for something

He had to pay a high price for the concert tickets.

pay a very high price

spend a lot of money for something

He had to pay a very high price for the car.

pay for itself

earn or save enough to cover its own cost

The new machine will pay for itself in two years.

pay no attention

disregard something as unimportant or irrelevant

She paid no attention to the rumors.

pay the cost

bear the financial expense of something

You have to pay the cost of the repairs.

View all translations of severance pay

✨Click below to see the appropriate translations facing each meaning.

French:indemnité de licenciement, ...
German:Abfindung, ...
Italian:liquidazione, ...
Spanish:indemnización por despido, ...
Portuguese:indemnização por despedimento, ...
Chinese:遣散费, ...
Japanese:退職金, ...
Arabic:تعويض نهاية الخدمة, ...
Hebrew:פִּיצּוּיֵי פִּיטּוּרִים, ...
Russian:выходное пособие, ...
Ukrainian:вихідна допомога, ...
Hindi:सेवामुक्ति वेतन, ...
Bengali:চাকরি-চ্যুতি ক্ষতিপূরণ, ...
Catalan:indemnització per acomiadament, ...
Czech:odstupné, ...
Danish:fratrædelsesgodtgørelse, ...
Dutch:ontslagvergoeding, ...
Greek:αποζημίωση απόλυσης, ...
Hungarian:végkielégítés, ...
Khmer:ប្រាក់បំណាច់ពេលបញ្ចប់ការងារ, ...
Korean:퇴직금, ...
Persian:مزایای پایان کار, ...
Polish:odprawa, ...
Portuguese (BR):indenização, ...
Romanian:plată compensatorie, ...
Swedish:avgångsvederlag, ...
Thai:เงินชดเชย, ...
Turkish:kıdem tazminatı, ...
Vietnamese:trợ cấp thôi việc, ...

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