Transition Status Terminology

Discharge: Complete severance from all military status gained by the enlistment or induction concerned.
Separation: A general term that includes discharge, release from active duty, release from custody and control of the Armed Forces, transfer to the Individual Ready Reserve, and similar changes in active or reserve status.
Transition Benefits: Benefits provided to assist Service members during the transition process. Eligibility for certain types of transition benefits will depend on the nature and characterization your discharge.
Transition Services: All separating members are eligible for services one year prior to separation. Retiring Service members are eligible for transition services two years prior to and one year after retirement. Eligibility for services is not affected by length or character or service. 

Need–to–know Information