Pink Slip

Pink Slip
An informal or slang term referring to a notice of dismissal given to an employee. A pink slip is an official notification that a worker's position has been eliminated or that the worker's services are no longer needed. In other words, a pink slip is a termination notice.

A pink slip notifies an employee that he or she has been laid off or fired. The term can also be used as a verb, as in "I was pink-slipped today and no longer have a job." Pink slips can be handed out individually or en masse, as with large lay-offs and company closures.

Investment dictionary. . 2012.

Look at other dictionaries:

  • pink slip — ➔ slip2 * * * pink slip UK US noun [C] US INFORMAL HR ► a document given to an employee to tell them that they do not have a job any longer: »A year after he got his pink slip, he was still looking for work …   Financial and business terms

  • Pink slip — may refer to: * Pink slip (employment), an American term that refers to being fired from one s job * Pink Slip Records, a record label * Pink Sheets, a concept in stock trading * Vehicle title, a slang term for the document establishing ownership …   Wikipedia

  • pink-slip — UK US verb [T] US INFORMAL HR ► to give an employee a pink slip: »The sales department has been told to pink slip 20% of its staff …   Financial and business terms

  • pink slip — 1) Slang for notice from an employer that one is being fired or laid off. 2) Slang for the official title certificate to a vehicle, because in some states the document is or was pink. This is the source of the phrase racing for pinks, when the… …   Law dictionary

  • pink slip — If someone receives a pink slip, they receive a letter telling them they have lost their job …   The small dictionary of idiomes

  • pink slip — ☆ pink slip n. [from the sometime use of pink paper for the employee s carbon of the dismissal notice] Informal notice to an employee of termination of employment …   English World dictionary

  • pink slip — n AmE informal 1.) an official document that proves that you own a particular car 2.) a written warning you get when your job is going to end because there is not enough work …   Dictionary of contemporary English

  • pink slip — noun count AMERICAN INFORMAL notice that an employer gives to someone telling them they are no longer employed …   Usage of the words and phrases in modern English

  • pink slip — pink′ slip n. bus a notice of dismissal from one s job • Etymology: 1910–15 …   From formal English to slang

  • pink slip — 1. n. a piece of paper giving notice of dismissal from employment; any dismissal from employment. □ I got a pink slip today. I guess I had it coming. □ I hope I don’t get a pink slip. I need this job. 2. tv. to dismiss someone from employment.… …   Dictionary of American slang and colloquial expressions

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