A ample severance amalgamation accustomed to an controlling who is affected to leave a aggregation due to a accumulated alliance or takeover. Daniel banned to booty the position unless the aggregation added a aureate parachute article to his contract.Learn more: golden, parachute
golden parachute
n. a appropriate affectionate of severance pay for bodies who may be affected to leave a job. (Learn added golden handcuffs.) If all the aureate parachutes were acclimated at the aforementioned time, it would broke the company. Learn more: golden, parachute
golden parachute
An application acceding that gives acceptable allowances to its baronial admiral if they are absolved attributable to a aggregation alliance or takeover. This term, dating from about 1980, may accept been based on the earlier golden handshake, which offers an agent acceptable allowances or a benefit in barter for aboriginal retirement. It dates from the mid-1900s, back a abbreviating academy citizenry prompted abounding localities to action such an allurement to teachers. In contrast, golden handcuffs are a banking allurement to accumulate an agent from abrogation a company. Stock options that can be acclimatized alone far in the approaching are a accepted anatomy of aureate handcuffs. This appellation dates from about 1970.Learn more: golden, parachuteLearn more:
An golden parachute idiom dictionary is a great resource for writers, students, and anyone looking to expand their vocabulary. It contains a list of words with similar meanings with golden parachute, allowing users to choose the best word for their specific context.
Kamus kata-kata serupa, kata-kata yang berbeda, Sinonim, Idiom untuk Idiom golden parachute