Severance is a settlement received after being released from a corporation. In the context of corporate governance, an agreement that assures high-level executives of their postions or some compensation and are not contingent upon a change in control.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). severance. Retrieved September 20, 2026, from http://smartdefine.org/severance/definitions/1163402 |
| Chicago | Barry Goldsmith. 2010. "severance" http://smartdefine.org/severance/definitions/1163402 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, severance, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/severance/definitions/1163402>. |
| MLA | Barry Goldsmith. "severance" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/severance/definitions/1163402> |