redundancy payment
noun [C]Definition
› money that a company pays to workers who have lost their jobs because they are no longer neededGrants and allowancesRetiring and resigning from work
(Definition of redundancy payment noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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Synonyms and related words:
- abdicate verb (KING/QUEEN)
- attrition noun
- bow out phrasal verb
- chuck sth in phrasal verb
- departure noun (LEAVING)
- downshift verb (WAY OF LIVING)
- golden handshake noun
- golden parachute noun
- leave the field clear for sb idiom
- natural wastage noun
- outgoing adjective (LEAVING)
- pension noun
- resignation noun (JOB)
- retd adjective
- retire verb (STOP WORKING)
- retired adjective
- retiree noun
- retirement noun
- retiring adjective (STOP WORKING)
- turnover noun (EMPLOYEES)
Topic:
Retiring & resigning
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