Severance Pay

Business / Human Resources (HR) / Severance Pay: A form of short-term salary continuation awarded to employees who are being terminated. Severance payments often equal one week's pay for each year of service.

Other Words for Pay

Pay Verb Synonyms: extend, bestow, transmit, pass on, give, deliver
Pay Noun Synonyms: recompense, compensate, remunerate, reward, indemnify, repay, refund, reimburse, pay off, pay out, pay up, satisfy, clear, remit, discharge, liquidate, settle, honor, meet
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Payment Quantity

Business / Agriculture / Payment Quantity: The quantity of production eligible for production flexibility contract payments under the FAIR Act of 1996. Payment quantity is calculated as the farm’s program yield (per acre) multiplied by 85% o MORE

Payment Rate

Business / Agriculture / Payment Rate: Generally, the amount paid per unit of production (i.e., bushel, pound, hundredweight) to each participating farmer for eligible production under commodity income and price support programs. MORE

Payment Schedule

Business / Construction / Payment Schedule: A pre-agreed upon schedule of payments to a contractor usually based upon the amount of work completed. Such a schedule may include a deposit prior to the start of work. There may also be a temporary MORE

Payment Limitation

Business / Agriculture / Payment Limitation: The maximum annual amount of commodity program benefits a person can receive by law. Persons are defined under payment limitation regulations, established by USDA, to be individuals, members of joint MORE

Payment Float

Business / Finance / Payment Float: Company-written checks that have not yet cleared. MORE

Payload

Technology / Aviation / Payload: Anything that an aircraft carries beyond what is required for its operation during flight, theoretically that from which revenue is derived, such as cargo and passengers. MORE

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