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Longman Dictionary of Contemporary English
pink slip
noun
EXAMPLES FROM CORPUS
▪ During those terrible months after getting his pink slip, he filled out endless application forms.
▪ For tomorrow the paycheck might turn to a pink slip.
▪ He reported feeling surprised that his reaction to his pink slip had been more relief than anger.
▪ Ron got his pink slip over twenty-five years ago.
▪ The result, as Dillard knows firsthand, is a pink slip for many missile employees.
Wiktionary
pink slip

n. 1 (context idiomatic US English) notice of termination of employment. 2 (context US English) The title for an automobile. 3 (context Australia New South Wales English) An automobile roadworthiness inspection certificate.

WordNet
pink slip

n. official notice that you have been fired from your job [syn: dismissal, dismission]

Wikipedia
Pink slip (employment)

Pink slip refers to the American practice, by a personnel department, of including a discharge notice in an employee's pay envelope to notify the worker of his or her termination of employment or layoff. The "pink slip" has become a metonymy for the termination of employment in general. According to an article in The New York Times, the editors of the Random House Dictionary have dated the term to at least as early as 1910.

The phrase most likely originated in vaudeville. When the United Booking Office (established in 1906) would issue a cancellation notice to an act, the notice was on a pink slip ("The Argot of Vaudeville Part I" New York Times, Dec. 16, 1917, p.X7.) Another possible etymology is that many applications (including termination papers) are done in triplicate form, with each copy on a different color of paper, one of which is typically pink.

In the Chilly Willy cartoon, "little Televillian", Mr. Stoop, tells Smedley that if he's disturbed while reading show scripts, he would be forced to pink slip Smedley, (which Smedley doesn't know the meaning of) and yells at him, " It means...you will be fired!".

In the UK and Ireland the equivalent of a pink slip is a P45; in Belgium the equivalent is known as a C4.

Pink slip

Pink slip may refer to:

  • Pink slip (auto), also known as "certificate of title", a legal form, establishing a person or business as the legal owner of a vehicle
  • Pink slip, a deprecated vehicle inspection paper in Australia
  • Pink slip (employment), a form of termination notice