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.
Definition of FORENSIC. 1. : an argumentative exercise. 2. plural but sing or plural in constr: the art or study of argumentative discourse. 3. plural but sing or plural in constr: the application of scientific knowledge to legal problems; especially: scientific analysis of physical evidence (as from a crime scene).ull Definition of FORENSIC. 1. : belonging to, used in, or suitable to courts of judicature or to public discussion and debate. 2. : argumentative, rhetorical. 3. â foÂ·renÂ·siÂ·calÂ·ly \-si-k(É-)lÄ, -zi-\ adverb. See forensic defined for English-language learners. See forensic defined for kids.