Severance pay is a payment made by the employer when the employee is separated from the job. severance pay was not used to determine a workerâs eligibility for unemployment benefits. benefits. payable in the weeks to which the severance payment is allocated or distributed.
forensic accounting. Definition. A method of accounting that deals with financial procedures that have been challenged or charged as illegal. One example of forensic accounting is examining insurance fraud claims. Related Terms.
adjective. Fingerprints can be forensic evidence. Fingerprints can be forensic evidence. The definition of forensic is something that is usable in a court of law. An example of forensic used as an adjective is forensic evidence, such as finger prints. Forensic is defined as using technology or science to prove something legally. An example of forensic used as an adjective is forensic science, a type of science which includes ballistics, the study of guns and bullets.