severance agreement

1. 1.

   an agreement on the terms on which an employee will leave

   Broaderagreement

   Narrowergolden handshake

Questions about severance agreement

What does severance agreement mean?

severance agreement means "an agreement on the terms on which an employee will leave".

Is severance agreement a common word?

severance agreement is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.