Definition of golden parachute
a
generous
set
of
financial
benefits
,
including
severance
pay
,
provided
by
contract
to
a
high-level
corporate
employee
in
the
event
s
/
he
is
dismissed
or
his
/
her
job
is
lost
in
a
corporate
takeover
or
merger
;
also
,
the
contract
providing
for
such
benefits
.
See also:
parachute
Related Words
porcupine
provision
,
shark
repellent
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Goldcrest
Goldcup
Golden
Golden age
Golden balls
golden beetle
Golden bull
Golden chain
golden chasselas
Golden club
Golden cup
Golden eagle
Golden fleece
Golden grease
Golden hair
Golden Horde
Golden Legend
Golden marcasite
Golden mean
Golden mole
Golden robin
Golden samphire
Golden saxifrage
Golden State
Golden wolf
Golden Yard
Golden-eye
Golden-rod tree
goldenbush
goldenrod
goldenseal
goldfield
goldfields
Goldfinch
Goldfinny
Goldfish
Goldie
Goldilocks
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