bn:00040982n
Noun Concept
Categories: Mergers and acquisitions, Business terms, Termination of employment
EN
golden parachute  Golden Life Jacket  golden parachutes
EN
Giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover WordNet 3.0
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EN
Giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover WordNet 3.0 & Open English WordNet
A golden parachute is an agreement between a company and an employee specifying that the employee will receive certain significant benefits if employment is terminated. Wikipedia
Agreement providing significant compensation if someone is fired, such as due to a merger Wikidata
An agreement between a company and an employee, usually an executive, specifying that the employee will receive certain significant benefits if employment is terminated. Wiktionary
Agreement on benefits. Wiktionary (translation)
WordNet 3.0 & Open English WordNet
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Wikidata
Wiktionary