pink slip: Meaning and Definition of

pink' slip'

Pronunciation: [key]
  1. notice of dismissal from one's job.

pink-slip

Pronunciation: (pingk'slip') [key]
— -slipped, -slip•ping.
  1. to dismiss from a job: He will be pink-slipped next month.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.