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severance

From Wiktionary

Word parts

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sever + -ance

Pronunciation

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Noun

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Singular
severance

Plural
severances

  1. (uncountable) Severance is the act or result of cutting something off or separating parts.
    The sudden severance of the power cable caused the blackout.
  2. (uncountable) Severance is money or benefits given to someone when they leave their job.
    After the company closed, he received a generous package of severance pay.
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