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Golden parachute   /gˈoʊldən pˈɛrəʃˌut/   Listen
Golden parachute

noun
1.
Giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Golden parachute" :   shark repellent, porcupine provision



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