GOLDEN PARACHUTE


Meaning of GOLDEN PARACHUTE in English

A ~ is an agreement to pay a large amount of money to a senior executive of a company if they are forced to leave. (BUSINESS)

Golden parachutes entitle them to a full year’s salary if they get booted out of the company.

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Collins COBUILD.      Толковый словарь английского языка для изучающих язык Коллинз COBUILD (международная база данных языков Бирмингемского университета) .