Korean Conversation · Level 216
15 words
Korean word
퇴직금
Pronunciation
Romanizationtoejikkkeum
Meaning
- nounseverance pay
Example
회사에서 퇴직금을 받았어요.hoe sa e seo toe jik kkeu meul pa da sseo yo
I received severance pay from the company.
More examples
퇴직금은 퇴직 후 생활비에 큰 도움이 돼요.toe jik kkeu meun toe jik hu saeng hwal bi e keun to u mi twae yo
Severance pay greatly helps with living expenses after leaving a job.
Core concept
A lump-sum payment from an employer when a worker leaves a job, usually linked to how long the worker worked there.
Common phrases
퇴직금 지급toe jik kkeum chi geup
severance pay disbursement
퇴직금 수령toe jik kkeum su ryeong
receipt of severance pay
Similar words
퇴직급여toejikkkeubyeo: A workplace benefit granted when employment ends, based on the worker's employment history.
퇴직수당toejikssudang: An allowance paid when a worker leaves a job only after certain conditions are met.
퇴직연금toejigyeongeum: A retirement benefit that provides regular income through payments spread over time.
Definition in Korean
직장을 떠날 때 회사가 근속 기간을 기준으로 한꺼번에 지급하는 금전chik jjang eul tteo nal ttae hoe sa ga keun sok ki ga neul ki ju neu ro han kkeo beo ne chi geu pa neun keum jeon
Word origin
The Sino-Korean compound combines words for leaving employment and money, giving the sense of money paid when someone leaves a job.
Usage tips
- English speakers may associate severance pay mainly with job loss, but this Korean word commonly refers to the employment-related payment received when a worker leaves a company.
Related words
- 퇴직하다toejikadaretireverb
- 퇴직자toejikjjaretireenoun
- 퇴직연금toejigyeongeumretirement pensionnoun