golden parachute in English
noun
1
a large payment or other financial compensation guaranteed to a company executive should the executive be dismissed as a result of a merger or takeover.
Money could reach into the billions, given the oversized options, bonuses, and golden parachutes granted in recent years.
Use "golden parachute" in a sentence
Below are sample sentences containing the word "golden parachute" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "golden parachute", or refer to the context using the word "golden parachute" in the English Dictionary.
1. He's transferring out, your golden parachute.
2. It's some retired millionaire living off his golden parachute.