Breadcrumb Home > Dictionary > Index S severance tax: Meaning and Definition of Find definitions for: sev'erance tax" Pronunciation: [key] a tax levied by a state on the extraction and use of a natural product, as coal, that is sold outside the state or during a certain period. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. severance pay severe TrendingHere are the facts and trivia that people are buzzing about. Did Birds Evolve from Dinosaurs? The Twelve Dancing Princesses Current Events This Week: January 2023 African Americans by the Numbers Andersen's Fairy Tales: Contents The Celtic Twilight: A Teller of Tales ✖ Related Content Daily Word Quiz: hubris Analogy of the Day: Today’s Analogy Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language