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golden parachute

/ˈɡəʊldən ˈpærəʃuːt/

1 entry

phrase

/ˈɡəʊldən ˈpærəʃuːt/C1formalbusiness
  • ruФинансовое соглашение или пункт в контракте руководителя, предусматривающий значительные выплаты, такие как выходное пособие, опционы на акции или бонусы, в случае его вынужденного ухода из компании, обычно из-за слияния или поглощения.

A financial agreement or clause in an executive's contract that provides substantial benefits, such as severance pay, stock options, or bonuses, if they are forced to leave the company, typically due to a merger or takeover.

  1. Executive Severance AgreementC1formal

    A substantial financial package or benefits guaranteed to a top executive if they are forced to leave a company, typically due to a merger, takeover, or dismissal.

    ruЗолотой парашют

    • The CEO's golden parachute was worth over $20 million.
    • Shareholders often criticize golden parachutes as excessive.
    • The contract included a generous golden parachute clause.