severance pay
Definition
A payment made to a terminated employee.
 Cite this definition
Related Terms
pay, golden parachute
Related Research Articles from the InvestorGuide.com University
Considerations on Selling Your Business
Selling your business? Here are some keys to getting top dollar, including buyer evaluation, stock vs assets, installment sales, and private annuity sales.
Financing Your Small Business - Writing a Business Plan
Writing a good business plan is the first step towards starting a business and securing financing, this article walks you through the process of creating one.
A Business Owner's Guide To Protecting Assets
Learn how qualified retirement plans, including IRAs and 401(k)s, can offer significant benefits to your business.
Featured Sponsor
Start earning $200 to $900 a day working at home. No experience necessary. Money-back guarantee.
|
