Redundancy Payment

Business, Legal & Accounting Glossary

Definition: Redundancy Payment


Redundancy Payment


Full Definition of Redundancy Payment


noun a payment made to an employee to compensate for losing his or her job a payment made to an employee to compensate for losing his or her job


Cite Term


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Page URL
https://payrollheaven.com/define/redundancy-payment/
Modern Language Association (MLA):
Redundancy Payment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 03, 2025 https://payrollheaven.com/define/redundancy-payment/.
Chicago Manual of Style (CMS):
Redundancy Payment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/redundancy-payment/ (accessed: February 03, 2025).
American Psychological Association (APA):
Redundancy Payment. PayrollHeaven.com. Retrieved February 03, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/redundancy-payment/

Definition Sources


Definitions for Redundancy Payment are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.