severance

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Related to Severance Payments: Severance package

sev·er·ance

 (sĕv′ər-əns, sĕv′rəns)
n.
1.
a. The act or process of severing.
b. The condition of being severed.
2. Separation; partition.
3. Severance pay.

severance

(ˈsɛvərəns)
n
1. the act of severing or state of being severed
2. a separation
3. (Law) law the division into separate parts of a joint estate, contract, etc

sev•er•ance

(ˈsɛv ər əns, ˈsɛv rəns)

n.
1. the act of severing or the state of being severed.
2. a breaking off, as of a friendship.
3. Law. a division of liabilities, provisions, etc., into parts; removal of a part from the whole.
4. Also called sev′erance pay`. money, exclusive of wages, etc., paid to an employee who is dismissed for reasons beyond the employee's control.
[1375–1425; < Anglo-French; see sever, -ance]

severance

1. the act or process of severing or separating.
2. the state or condition of being severed or separated, as in the ending of a relationship.
See also: Separation
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.severance - a personal or social separation (as between opposing factions)severance - a personal or social separation (as between opposing factions); "they hoped to avoid a break in relations"
schism - the formal separation of a church into two churches or the withdrawal of one group over doctrinal differences
breakup, separation, detachment - coming apart
2.severance - the act of severing
cutting, cut - the act of cutting something into parts; "his cuts were skillful"; "his cutting of the cake made a terrible mess"

severance

noun
The act or an instance of separating one thing from another:
Translations
قَطْع ، فَصْل، فَصْم
amputacepřerušení
adskillelse
ero
elvágás
skilnaîur
loslossnijdenontslagvergoedingscheidingzijn

severance

[ˈsevərəns]
A. Nruptura f (Ind) → despido m
B. CPD severance pay Nindemnización f por despido

severance

[ˈsɛvərəns] n [relations] → rupture fseverance package nindemnités fpl de départseverance pay nindemnité f de licenciement

severance

n
(= cutting through)Durchtrennen nt; (violently) → Durchschlagen nt; (= cutting off)Abtrennen nt; (violently) → Abschlagen nt; (fig: = breaking off) (of ties)Lösen nt; (of relations, links, friendship)Abbruch m; (of communications)Unterbrechung f
(also severance package, Econ) → Abfindung f, → Abfindungspaket nt

severance

[ˈsɛvərns] n (frm) (of relations) → rottura

sever

(ˈsevə) verb
1. to put an end to. He severed relations with his family.
2. to cut or break off. His arm was severed in the accident.
ˈseverance noun
References in periodicals archive ?
Although severance payments may produce some future benefits, such as operating costs reduction and increasing operating efficiencies, the payments are primarily a period expense because they principally relate to previously rendered services.
338 deemed asset acquisition could deduct (rather than capitalize) severance payments made immediately after the acquisition, under agreements in place prior to the acquisition.
In Letter Ruling (TAM) 9721002, the IRS analyzed the question of whether severance payments made by a new target corporation are required to be capitalized in the basis of the assets acquired from an old target corporation as a result of a Sec.
The rationale in these rulings would also appear applicable to other types of acquisition-related expenses (other than those directly related to the acquisition), such as severance payments, training and other types of corporate integration expenses that necessarily follow a reorganization.