SEVERANCE AGREEMENT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does severance agreement mean? 

• SEVERANCE AGREEMENT (noun)
  The noun SEVERANCE AGREEMENT has 1 sense:

1. an agreement on the terms on which an employee will leave

  Familiarity information: SEVERANCE AGREEMENT used as a noun is very rare.

 Dictionary entry details 

• SEVERANCE AGREEMENT (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))