when an employer makes an employee leave a job because the employee is no longer needed or wanted
Mr Hurd received about $30m in shares as part of his severance package.
money paid to employees when they have to leave work because they are no longer needed or wanted
The reforms include cuts to both holiday benefits and severance pay.
the act of ending or separating something such as legal claims in a law suit between multiple parties
Rule 14 authorizes a severance where it appears that a defendant might be prejudiced (=harmed) by a joint trial.