sweetheart deal

1. An industrial agreement made between an employer and local labor union officials containing terms beneficial to the employer without the knowledge of the employees, typically in exchange for money to the union or its leaders. It was later discovered that the union leader had made a sweetheart deal with the company that eliminated employees' right to strike in exchange for a hefty yearly bonus for himself. The automotive manufacturer decided to move its factories to a different country, where it established a sweetheart deal with the local labor union to pay workers substantially less than those previously enjoyed by American employees.2. Any kind of agreement or contract that is mutually beneficial two the two parties directly involved, typically at the expense of a third party that is not privy to the agreement. It turns out the athletic director had in place a sweetheart deal with the national athletics association, essentially receiving kickbacks every time one of his athletes performed well. The charity has come under fire for what some are calling a sweetheart deal with a for-profit events organizer that receives nearly 40% of the annual donations the charity receives.See also: deal, sweetheart

sweetheart deal

n. a deal made between friends so that both may profit well. (Such deals usually involve illegal or unethical practices.) Most of the general contractors in town would be out of business if they didn’t offer “sweetheart deals” to the politicians. See also: deal, sweetheart

sweetheart deal

Sweetheart Deal

A sale with exceptionally attractive terms, especially offered between persons with an ongoing business or personal relationship. A sweetheart deal may be offered, for example, to a long-time client. The term may, under some circumstances, connote corruption. See also: Fiduciary Responsibility.

sweetheart deal

A collusive, unethical transaction between two parties.

单词	sweetheart deal
释义	sweetheart deal sweetheart deal n (Commerce) informal any agreement in which a public body offers unduly favourable terms to a private company or individual sweetheart deal sweetheart deal 1. An industrial agreement made between an employer and local labor union officials containing terms beneficial to the employer without the knowledge of the employees, typically in exchange for money to the union or its leaders. It was later discovered that the union leader had made a sweetheart deal with the company that eliminated employees' right to strike in exchange for a hefty yearly bonus for himself. The automotive manufacturer decided to move its factories to a different country, where it established a sweetheart deal with the local labor union to pay workers substantially less than those previously enjoyed by American employees.2. Any kind of agreement or contract that is mutually beneficial two the two parties directly involved, typically at the expense of a third party that is not privy to the agreement. It turns out the athletic director had in place a sweetheart deal with the national athletics association, essentially receiving kickbacks every time one of his athletes performed well. The charity has come under fire for what some are calling a sweetheart deal with a for-profit events organizer that receives nearly 40% of the annual donations the charity receives.See also: deal, sweetheart sweetheart deal n. a deal made between friends so that both may profit well. (Such deals usually involve illegal or unethical practices.) Most of the general contractors in town would be out of business if they didn’t offer “sweetheart deals” to the politicians. See also: deal, sweetheart sweetheart deal Sweetheart Deal A sale with exceptionally attractive terms, especially offered between persons with an ongoing business or personal relationship. A sweetheart deal may be offered, for example, to a long-time client. The term may, under some circumstances, connote corruption. See also: Fiduciary Responsibility. sweetheart deal A collusive, unethical transaction between two parties.
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