What is the meaning of golden parachute?

noun

  • Giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). golden parachute. Retrieved September 20, 2026, from http://smartdefine.org/golden_parachute/definitions/1189341
ChicagoWordNet. 2010. "golden parachute" http://smartdefine.org/golden_parachute/definitions/1189341 (accessed September 20, 2026).
HarvardWordNet 2010, golden parachute, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/golden_parachute/definitions/1189341>.
MLAWordNet. "golden parachute" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/golden_parachute/definitions/1189341>
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