redundancy payment definition, meaning - what is redundancy payment in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “redundancy payment”

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redundancy payment

noun [C] uk   us  
money that a company pays to workers who have lost their jobs because they are no longer needed
Translations of “redundancy payment”
in Chinese (Traditional) 裁員費, 遣散費…
in Chinese (Simplified) 裁员费, 遣散费…
(Definition of redundancy payment from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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