Dismissal

Dismissal
Permanent termination of employment with an organization; being fired from a job.
Fire (Employment Termination)
The term 'fire' refers to the act of discharging or terminating an employee from their position. It is one of the most definitive actions a company can take in its relationship with an employee. This term is synonymous with 'sack'.
Sack or Sacked
Terms referring to the dismissal or termination of an employee, originally implying that the employee collected their belongings (such as tools) and left the premises.

Accounting Terms Lexicon

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