SEVERANCE Meaning and
Definition
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Severance refers to the act of separating, cutting off, or dividing something. It is commonly used to describe the process of ending a relationship, partnership, or employment contract. In such cases, severance refers to the formal agreement or payout made by an employer to an employee upon termination of their employment. This compensation often includes monetary benefits, such as a severance package, to help the employee transition to a new job or cope with the sudden loss of income.
Severance can also be used to describe the partition or division of physical objects or substances. For instance, in the context of anatomy, severance refers to the act of cutting or removing a part of the body, typically through surgery or dissection. In the field of science, severance can refer to the separation of a substance or compound into its constituent parts or elements.
Furthermore, severance can be utilized in legal contexts. In property law, it refers to the act of dividing land or real estate into separate parts or parcels. This division can occur through various means, such as selling off a portion of the property or creating separate lots for different purposes.
Overall, severance is a term that encompasses the acts of separating, cutting off, or dividing things, be they relationships, physical objects, substances, or legal properties. It is a concept that holds significance in different domains and often entails the provision of compensation or the creation of distinct entities.
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The act of severing; a joint and several bond or obligation, one signed by two or more persons, who become unitedly and individually bound.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
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Etymology of SEVERANCE
The word "severance" has its origins in the Latin word "severantia", which means "the act of severing or separating". This Latin term is derived from the verb "severare", meaning "to separate" or "to cut off". The word "severance" has been used in the English language since the 14th century, with its current meaning referring to the act or process of ending a relationship or connection, particularly in terms of employment or financial contracts.
Similar spelling words for SEVERANCE
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