Definition
The formal act of cutting ties—whether that's employment, a business relationship, or negotiations. It's the corporate way of saying 'we're done here' with legal documentation and usually an awkward conversation.
Example Usage
The company announced it was severing its contract with the third-party vendor effective immediately.
Source: Merriam-Webster via Free Dictionary API
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See “severing” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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