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Abfindung

severance pay

noun AP-fin-dung Rare
People & Society Work

Also means

redundancy payment

Usage Note

Abfindung is a lump-sum payment made to an employee whose contract is terminated, often negotiated rather than legally mandated in Germany. It is commonly offered in exchange for waiving legal claims.

Examples

"Nach zehn Jahren im Betrieb erhielt er eine großzügige Abfindung."

Natural Translation

After ten years at the company, he received a generous severance payment.

Literal Translation

After ten years in-the business received he a generous severance-payment.

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