student asking question

What does "package" mean here?

teacher

Native speaker’s answer

Rebecca

The use of the word "package" lets us know that the 90 million dollars was not simply made up of a cash payment, but also included other things. These could be stocks, retirement benefits, bonuses etc. The word "package" indicates that it is a grouping of things that total 90 million dollars. Ex: I'm due a huge severance package from my company. Ex: The pay package for my new job is pretty good.

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