The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

SEVERANCE PACKAGE Definition & Legal Meaning

Definition & Citations:

The package that is offered to employees whose contract has been closed for work. Will include payment for a set period of time after which employment is terminated.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.