Words / S / Law

severance

/ˈsevərəns/

B2CEFR level
50/100Rarity: uncommon
TechnicalRegister

Law noun

The act of turning a joint tenancy into a tenancy in common, ending the right of survivorship.

A notice of severance meant his half would now pass under his will, not to his co-owner.

Topic: Property in Legal English

Business noun

The pay and benefits given to an employee when their contract is terminated.

They offered him six months' severance to leave quietly.

Similar: severance pay, redundancy pay

Topic: People & management in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Property