单词 | golden parachute |
释义 | > as lemmasgolden parachute golden parachute n. Business (originally U.S.) a large severance payment or other financial compensation made to a senior company executive; a contractual agreement guaranteeing such compensation in the event that a senior executive is made redundant or dismissed. ΘΚΠ society > [noun] > social compact > between specific groups > specific parachute1973 golden parachute1981 Maastricht treaty1991 1981 Observer 19 July 17 It also signed new service contracts which could, under certain circumstances, give Bailey a ‘golden parachute’ of some $8 million if ousted. 1990 Indiana Gaz. 19 July 2/1 The dream of every good executive is to have a golden parachute, so that if his company is ever sold or merged, he can bail out for a soft landing. 2016 Dominion Post (Wellington, N.Z.) (Nexis) 16 Dec. 8 And why do these CEOs have a golden parachute even when fired as incompetent? < as lemmas |
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