tr.v. snubbed, snubÂ·bing, snubs. 1. To ignore or behave coldly toward; slight. 2. To dismiss, turn down, or frustrate the expectations of. 3. Nautical. a. To check the movement of (a rope or cable running out) by turning it quickly about a post or cleat.
Socioeconomic status. Socioeconomic status (SES) is an economic and sociological combined total measure of a person's work experience and of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.
DEFINITION of 'Severance Pay'. The compensation that an employer provides to an employee who has been laid off, whose job has been eliminated, who through mutual agreement has decided to leave the company, or who has parted ways with the company for other reasons.