golden parachute
In real, traceable use. Part of the curated seed collection; community review is coming.
Meaning · English
Contract clause richly (perhaps excessively) rewarding a key executive if termination is due to corporate takeover or merger.
Nghĩa · Tiếng Việt
Khoản thanh toán lớn cho giám đốc điều hành khi chấm dứt hợp đồng do mua lại hoặc sáp nhập
Machine-translated — suggest a fix
Where it’s used:
Used
Business & corporate jargon
Sources & notes
Imported from Wikipedia “List of business terms” (CC BY-SA 4.0, retrieved 2026-07-29), pending review.
Common questions
What does “golden parachute” mean?
Contract clause richly (perhaps excessively) rewarding a key executive if termination is due to corporate takeover or merger.
Is “golden parachute” formal or informal?
No register label has been reviewed yet — treat it as neutral and check the usage notes above.