severance
/ˈsɛv.ə.rəns/Definitions
1. noun
the act of cutting off or separating something, especially a person’s job or a person from a job
“The company offered a generous severance package to the employees who were laid off.”
2. noun
a payment or compensation given to someone who has been forced to leave their job
“She received a lump sum severance payment after being let go from her position.”
3. noun
the act of cutting off or separating something, such as a connection or a relationship
“The severance of diplomatic ties between the two countries led to a significant escalation of tensions.”
4. noun
a part of something that is cut off or separated
“The severance of the main cable caused a power outage in the entire neighborhood.”