golden parachute
golden parachute · golden parachutes
золотой парашют
goldener Fallschirm
An agreement between a company and an employee, usually an executive, specifying that…An agreement between a company and an employee, usually an executive, specifying that the employee will receive certain significant benefits if employment is terminated.
Meaning
1 senses(idiomatic)An agreement between a company and an employee, usually an executive, specifying that the employee will receive certain significant benefits if employment is terminated.
goldener Fallschirm
золото́й парашю́тzolotój parašút
More definitions
- giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover
Translations
6 languagesРусский
By meaning 1
agreement on benefits:
Deutsch
By meaning 1
agreement on benefits:
Forms
plural: golden parachutes| Singular | golden parachute |
|---|---|
| Plural | golden parachutes |
regular