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- DictionaryTer·mi·na·tion/ˌtərməˈnāSHən/
noun
- 1. the action of bringing something or coming to an end: "the termination of a contract"
- 2. the final letter or letters or syllable of a word, especially when constituting an element in inflection or derivation.
Definition of termination noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
- Overview
- What is termination?
- What is resignation?
- Termination vs. resignation
- Post-employment effects
When you apply for a new job, the interviewer may ask you why you left your previous position. While you can leave voluntarily via resignation, your employer can also decide to terminate your employment. Understanding the difference between resignation and termination can help you better explain your separation from your previous company and your r...
Termination of employment refers to an employee's departure from their job at the hands of the employer. While termination is often referred to as firing, employees can also be laid off. Here is a look at these two types of employee termination:
•Fired: When your employer fires you, it's typically because of your poor work performance or your violation of one or more of their company policies. Since the employer initiates this, they can ask you to leave immediately or at a later date, such as at the end of the month or once you complete a project for the company.
•Layoff: A layoff refers to the temporary or permanent termination of employment that typically doesn't have anything to do with your performance in the workplace. For example, you may get laid off if the company experiences a lack of funding and needs to downsize or if they plan to restructure the company altogether. Employers can either lay off a single employee or a group of employees.
In addition to these two main types of termination, there are a few other related terms you need to know:
•Furlough: While a furlough isn't exactly a termination, it's important to mention it as it can lead to termination. A furlough refers to a temporary unpaid leave from work. Essentially, there's an expectation that the employee can return to their job. While you have the potential to return to work, your employer may also decide to end your employment at the end of the furlough period.
•Wrongful termination: While employers have the right to terminate any of their employees, they can also abuse this power. Wrongful termination refers to your employer ending your employment for illegal reasons. It can also mean they violated one or more company policies when firing you. Examples of wrongful termination include race discrimination, age discrimination and whistleblower retaliation.
Often referred to as quitting, resignation refers to the act of ending your own employment. When you submit your resignation, you provide your employer with an official notice stating that you are ending your contract or relationship between you and the company. Typically, you need to provide your employer with at least two weeks' notice before you...
Initiation of separation
The main difference between resignation and termination lies in who initiated the severance of employment. With a resignation, you decide to end your employment; whereas in contrast, with a termination, your employer makes the decision to end your employment.
Notice period
State laws and the employment contract dictate the amount of time to give for resignation or termination. For example, some states allow you or your employer to end your employment with no advanced notice.Oftentimes, termination from poor job performance or misconduct leads to immediate termination. In some cases, an employer may provide the employee with advanced notice. In contrast, employees who resign typically give their employers a two-week notice, though it varies by the situation.
Compensation
When you resign, your employer typically only pays for the work you do through the end of your last day on the job. If you're terminated, your employer may have to pay your compensation or severance pay, which refers to the compensation to account for your job loss. The amount of severance pay you receive depends on your employer and, often, the reason for your termination. You can use your severance to pay for your expenses as you search for new employment. Employees don't receive severance pay if they resign.Related: How To Explain Termination on a Job Application
Future planning
When your employer terminates you, you may not have as much time to prepare for your next steps. This means you won't have time to create a plan for your next employment until after you're terminated.When you resign, however, you have time to plan for your employment transition. This means you have time to secure the finances you need while you search for a new job. You can also look for employment before your last day of work since you have an end date in mind. Therefore, employees who resign typically have an economical advantage over terminated employees.
Emotional effects
When your employer terminates you, you may feel rejected or unwanted by the company that you have dedicated your time and effort to. When you resign, however, you are in control of the decision to leave. This means you likely won't harbor feelings of resentment toward your employer since you decided on your own terms. Also, employees who resign tend to maintain their relationships with their coworkers and managers, while terminated employees do not.Related: How To Move Forward After Being Laid Off
Unemployment eligibility
To receive unemployment, you typically need to have separated from your company through no fault of your own. For example, if your employer terminates you, you remain eligible for unemployment benefits. However, you have a greater chance of collecting unemployment if you were laid off as opposed to if you were fired. If you argue that your firing was unjust or unrelated to your workplace performance, you may still be able to receive unemployment. If you resign, you typically forfeit your unemployment benefits eligibility.
1. : end in time or existence : conclusion. the termination of life. 2. : the last part of a word. especially : an inflectional ending. 3. : the act of terminating. 4. : a limit in space or extent : bound. 5. : outcome, result. terminational. ˌtər-mə-ˈnā-shnəl. -shə-nᵊl. adjective. Synonyms. boundary. cap. ceiling. confines.
noun. the act of terminating. the fact of being terminated. the place or part where anything terminates; bound or limit. an end or extremity; close or conclusion. an issue or result. Grammar. a suffix or ending. an ending of employment with a specific employer. See more. Recommended videos. Powered by AnyClip. AnyClip Product Demo 2022.
the act of ending something; the end of something Failure to comply with these conditions will result in termination of the contract. Definition of termination noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Jan 2, 2024 · termination ( countable and uncountable, plural terminations) The process of terminating or the state of being terminated . Synonyms: discontinuation, stoppage. Antonym: continuation. The process of firing an employee; ending one's employment at a business for any reason. Synonyms: discharge, dismissal. An end in time; a conclusion .
Dictionary Definition of 'termination' The act of ending or concluding something, often used to describe the formal or final cessation of a process, relationship, or agreement. "The project faced sudden termination due to a lack of funds." Detailed Meaning of 'termination'
