GOLDEN PARACHUTE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does golden parachute mean? 

• GOLDEN PARACHUTE (noun)
  The noun GOLDEN PARACHUTE has 1 sense:

1. giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover

  Familiarity information: GOLDEN PARACHUTE used as a noun is very rare.

 Dictionary entry details 

• GOLDEN PARACHUTE (noun)

Sense 1

Meaning:

Giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover

Classified under:

Nouns denoting acts or actions

Hypernyms ("golden parachute" is a kind of...):

porcupine provision; shark repellent (a measure undertaken by a corporation to discourage unwanted takeover attempts)