Definition of pink slip noun from the Oxford Advanced Learner's Dictionary


pink slip

BrE BrE//ˌpɪŋk ˈslɪp//
; NAmE NAmE//ˌpɪŋk ˈslɪp//
(North American English, informal)
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a letter given to somebody to say that they must leave their job About 40% of the department’s 78 engineers received pink slips.
See the Oxford Advanced American Dictionary entry: pink slip