Anglican/Episcopal churches uphold and proclaim the Catholic and Apostolic faith, proclaimed in the Scriptures, interpreted in the light of tradition and reason.
DEFINITION of 'Pink Slip ' A pink slip refers to a notice of dismissal given to an employee. A pink slip is an official notification that the worker's position has been eliminated or that the worker's services are no longer required. In other words, a pink slip is an informal name for a termination notice. BREAKING DOWN 'Pink Slip ' A pink slip notifies an employee that he or she has been laid off or fired.
pink slip. Definition. Slang term for an employee's termination notice, sometimes included with an employee's paycheck. A pink slip does not always indicate a psyical written notice, the phrase also can be used to indicate the overall situation of being laid off. The origin of the phrase is unknown, as there is no record of termination notices ever being written on pink paper.