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In this video, the speaker explains the differences between a termination letter and a proper relieving letter. A termination letter is provided by an organization upon termination and contains specific termination details. The speaker notes that some individuals may edit their termination letters to present them as relieving letters, potentially omitting critical information. The video emphasizes the importance of recognizing the distinctions between an original relieving letter and a modified termination letter. Additionally, the speaker highlights that companies conduct background verifications to ensure the authenticity of employment documents, as distinguishing between genuine and falsified documents can be challenging.