Etymology:
The word "severance" originates from the Medieval Latin term "severantia," meaning "a separation or cutting off."
Meaning:
Severance refers to the permanent separation of an employee from their employer. It involves the termination of employment and the associated legal processes, such as the provision of severance pay, benefits, and a notice period.
Origin:
The concept of severance originated in the early Middle Ages, when feudal lords could dismiss their vassals or retainers at their discretion. As the economy and labor laws evolved, the term "severance" became formalized to define the process of ending employment relationships in a fair and equitable manner.
Historical Context:
Etymology The word sever comes from the Latin word separare which means to separat
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