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golden parachute

gold·en par·a·chute
G g

Transcription

    • US Pronunciation
    • US IPA
    • [gohl-duh n par-uh-shoot]
    • /ˈgoʊl dən ˈpær əˌʃut/
    • US Pronunciation
    • US IPA
    • [gohl-duh n par-uh-shoot]
    • /ˈgoʊl dən ˈpær əˌʃut/

Definitions of golden parachute words

  • noun golden parachute an employment contract or agreement guaranteeing a key executive of a company substantial severance pay and other financial benefits in the event of job loss caused by the company's being sold or merged. 1
  • noun golden parachute retirement package 1
  • countable noun golden parachute A golden parachute is an agreement to pay a large amount of money to a senior executive of a company if they are forced to leave. 0
  • noun golden parachute a clause in the employment contract of a senior executive providing for special benefits if the executive's employment is terminated as a result of a takeover 0
  • noun golden parachute a large sum of money or other compensation given as severance pay to a top executive who is dismissed from a corporation as a result of its being acquired by another company 0
  • noun golden parachute A golden parachute is a very large payment and benefits that are offered to executives as part of their employment agreement if they are forced to leave a company. 0
See all 7 definitions of golden parachute

Information block about the term

Origin of golden parachute

First appearance:

before 1980
One of the 1% newest English words
First recorded in 1980-85

Historical Comparancy

Parts of speech for Golden parachute

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Full grammatical hierarchy of Golden parachute

golden parachute popularity

This term is known only to a narrow circle of people with rare knowledge. Only 29% of English native speakers know the meaning of this word.
According to our data about 66% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

golden parachute usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for golden parachute

noun golden parachute

  • premium — a prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc.
  • prize — leverage.
  • gift — gamete intrafallopian transfer: a laparoscopic process in which eggs are retrieved from an ovary by aspiration and inserted, along with sperm, into the fallopian tube of another woman.
  • perk — to become lively, cheerful, or vigorous, as after depression or sickness (usually followed by up): The patients all perked up when we played the piano for them.
  • gratuity — a gift of money, over and above payment due for service, as to a waiter or bellhop; tip.
All 21 Synonyms of golden parachute

Antonyms for golden parachute

noun golden parachute

  • punishment — the act of punishing.
  • loss — detriment, disadvantage, or deprivation from failure to keep, have, or get: to bear the loss of a robbery.
  • penalty — a punishment imposed or incurred for a violation of law or rule.
  • disadvantage — absence or deprivation of advantage or equality.
All 4 Antonyms of golden parachute

See also

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