Anglican/Episcopal churches uphold and proclaim the Catholic and Apostolic faith, proclaimed in the Scriptures, interpreted in the light of tradition and reason.
DEFINITION of 'Pink Slip ' A pink slip refers to a notice of dismissal given to an employee. A pink slip is an official notification that the worker's position has been eliminated or that the worker's services are no longer required. In other words, a pink slip is an informal name for a termination notice. BREAKING DOWN 'Pink Slip ' A pink slip notifies an employee that he or she has been laid off or fired.
Definition of 'pink slip'. pink slip. If employees are given their pink slips, they are informed that they are no longer needed to do the job that they have been doing. It was his fourth pink slip in two years. Eastern Airlines shut down operations at midnight, and 18,000 employees were given their pink slips.