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.
Cùng học tiếng anh với từ điển Từ đồng nghĩa, cách dùng từ tương tự, Thành ngữ, tục ngữ golden parachute