severance

severance
The act of severing, dividing, or separating; the state of being disjoined or separated. Anno: 18 ALR 1342. The act or fact of so removing anything attached or affixed to land, or a part of the land itself, so as to change its character from being a part of the real property to personal property. Buckout v Swift, 27 Cal 433. A graphic expression for separation of the ownership of minerals from the ownership of the land. 36 Am J1st Min & M § 29. A conveyance of land with an exception or reservation of mineral rights or a conveyance of the mineral rights or of the surface alone. 24 Am J1st Gas & O § 17. The termination of a joint tenancy or tenancy in common. 20 Am J2d Coten §§ 15, 31. See harvest.

Ballentine's law dictionary. . 1998.

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  • severance — I noun bifurcation, cleavage, demarcation, detachment, differentiation, disassociation, discrimination, distinction, distinguishment, division, divorce, fission, isolation, scission, segregation, separation, sunderance, withdrawal associated… …   Law dictionary

  • Severance — may refer to:*Severance package, pay and benefits when an employee leaves a firm *Severance (real estate), the act of separating a fixture (personal property attached to real property) from a real property, thus converting it back to a personal… …   Wikipedia

  • Severance — Severance, CO U.S. town in Colorado Population (2000): 597 Housing Units (2000): 207 Land area (2000): 2.069528 sq. miles (5.360053 sq. km) Water area (2000): 0.065733 sq. miles (0.170248 sq. km) Total area (2000): 2.135261 sq. miles (5.530301 sq …   StarDict's U.S. Gazetteer Places

  • Severance, CO — U.S. town in Colorado Population (2000): 597 Housing Units (2000): 207 Land area (2000): 2.069528 sq. miles (5.360053 sq. km) Water area (2000): 0.065733 sq. miles (0.170248 sq. km) Total area (2000): 2.135261 sq. miles (5.530301 sq. km) FIPS… …   StarDict's U.S. Gazetteer Places

  • Severance, KS — U.S. city in Kansas Population (2000): 108 Housing Units (2000): 53 Land area (2000): 0.128303 sq. miles (0.332303 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 0.128303 sq. miles (0.332303 sq. km) FIPS code:… …   StarDict's U.S. Gazetteer Places

  • severance — early 15c., from Anglo Fr., from O.Fr. sevrance, from sevrer (see SEVER (Cf. sever)). Meaning discharge from employment contract is attested from 1941. Severance pay attested by 1942 …   Etymology dictionary

  • Severance — Sev er*ance, n. 1. The act of severing, or the state of being severed; partition; separation. Milman. [1913 Webster] 2. (Law) The act of dividing; the singling or severing of two or more that join, or are joined, in one writ; the putting in… …   The Collaborative International Dictionary of English

  • severance — ► NOUN 1) the action of ending a connection or relationship. 2) the state of being separated or cut off …   English terms dictionary

  • severance — [sev′ər əns, sev′rəns] n. [ME < Anglo Fr < OFr sevrance] a severing or being severed …   English World dictionary

  • Severance — Filmdaten Deutscher Titel Severance – Ein blutiger Betriebsausflug Originaltitel Severance – Another bloody office outing Prod …   Deutsch Wikipedia

  • severance — A settlement received after being released from a corporation. In the context of corporate governance, an agreement that assures high level executives of their positions or some compensation and are not contingent upon a change in control.… …   Financial and business terms

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