bn:00040974n
Noun Concept
Categories: Business terms, All articles with unsourced statements, Payments
EN
golden handshake
EN
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EN
A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses their job through firing, restructuring, or even scheduled retirement. Wikipedia
A generous severance payment, especially as an inducement to leave employment. Wiktionary
Generous severance payment. Wiktionary (translation)
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