Search for a term:

golden parachute


Definition
A clause in an executive's employment contract specifying that he/she will receive large benefits in the event that the company is acquired and the executive's employment is terminated. These benefits can take the form of severance pay, a bonus, stock options, or a combination thereof.

Related Terms

golden handshake -

suicide pill -  More

shark repellent -  More

Related Personal Finance Articles

Loading...

golden parachute in the news

Loading...

golden parachute is ...

... part of the Mergers & Acquisitions subject.

Search volume for golden parachute

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z