Discontinuance wage is a legal term that refers to the compensation an employee receives when they are terminated from their job without cause. Different jurisdictions may use different terms for this type of payment, including severance pay, termination pay, or termination indemnity. Some industries may also use industry-specific terms, such as golden parachute in the financial sector. In addition, the amount of discontinuance wage can vary depending on the employee's length of service, salary, and other factors. Employers may also offer additional benefits or incentives as part of a discontinuance package. Regardless of the term used, the goal is to provide financial support for employees who have lost their job through no fault of their own.