severance

[Example Sentences]:
1. Employees who are losing their jobs are being given three months worth of their salaries as severance payments.
2. When Kleiner found out, they cut ties with her for good, but paid her severance for six months.
3. Additionally, Yahoo said Thursday that severance agreements of certain executives have been amended.
4. Workers in other divisions started demanding similar severance packages.

[Antonyms]fellowship
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