English Lexicon

Termination Pay

/ˌtɜːrmɪˈneɪʃən peɪ/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    Compensation provided to an employee upon termination of employment.

    "After five years of service, she received a substantial termination pay."
  2. 2

    A financial settlement given to an employee when their employment is ended, either voluntarily or involuntarily.

    "The company offered him a termination pay package that included additional benefits."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'termination' originates from the Latin word 'terminatio', meaning 'end' or 'limit', which evolved through Old French before entering English. 'Pay' comes from the Old French 'paier', derived from Latin 'pacare', meaning 'to appease or satisfy'. Together, they denote compensation given at the end of employment.

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