severance

[ sev-er-uh ns, sev-ruh ns ]

/ ˈsɛv ər əns, ˈsɛv rəns /

the act of severing or the state of being severed.

a breaking off, as of a friendship.

Law. a division into parts, as of liabilities or provisions; removal of a part from the whole.

severance pay.

Origin of severance

1375–1425; late Middle English severaunce < Anglo-French; see sever, -ance

non·sev·er·ance, noun

The company is slating at least $1 billion to pay for severance and other related costs alone.

Bill Gates’ Internet Doomsday Prophesy Comes True |Kyle Chayka |July 17, 2014 |DAILY BEAST
In September, he will get a severance of 16 weeks' pay from the company, which he said, “should last me until the New Year.”

Inside the Purge at The Newark Star Ledger, The Paper That Makes Chris Christie Squirm |Olivia Nuzzi |April 4, 2014 |DAILY BEAST
The severance, another reporter explained to me, will not be paid to anyone who takes another job before September.

Inside the Purge at The Newark Star Ledger, The Paper That Makes Chris Christie Squirm |Olivia Nuzzi |April 4, 2014 |DAILY BEAST
Forcing those fired to stay on until September in order to get their severance, they said, seemed particularly cruel.

Inside the Purge at The Newark Star Ledger, The Paper That Makes Chris Christie Squirm |Olivia Nuzzi |April 4, 2014 |DAILY BEAST

“He tried to do a severance tax on the energy industry,” said Zawistowski.

Ohio Republican Party Goes to War With Itself, Leaving 2016 in Doubt |David Freedlander |September 4, 2013 |DAILY BEAST
The cutting-off or severance of material is done either on hot or cold metal.

Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 6 |Various
But he got in some smug reminders of the severance of diplomatic relations with the Vatican.

War and the Future |H. G. Wells
The severance was inevitable, and Blake could not be surprised.

William Blake |Charles Gardner
Severance in re-organizing a Bible class, of which I am Secretary.

The Nation Behind Prison Bars |George L. Herr
From that day forward a severance took place between Byron and his countrymen.

My Recollections of Lord Byron |Teresa Guiccioli

severance

/ (ˈsɛvərəns) /

the act of severing or state of being severed

a separation

law the division into separate parts of a joint estate, contract, etc