Similar words: parachute, parachuting, parachutist, chute, green party, golden, golden age, golden rule. Meaning: n. giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover.
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1. Golden parachutes entitle them to a full year's salary if they get booted out of the company.
2. Chairmen were ejected, but not without a golden parachute.
3. Golden parachute: Contractual benefits that assure a high-level employee of generous payments if a company is taken over and he or she is dismissed as a result.
4. Even by the standards of Wall Street "golden parachute" for departing executives, the Robinson package is substantial.
5. CEOs typically receive a golden parachute when their companies are seized in a hostile takeover.
6. Some elected to jump before the "golden parachute"—cash to help them in "adjusting to non-parliamentary life"—was removed.
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7. The high layoff packages, known as "golden parachute , " are increasingly common in the corporate world.
8. I guess he was right -- the golden parachute he got for his exit from the company was worth about 30 million dollars -- and that doesn't include his accumulated Motorola stock.
9. And if you fail, you will have a golden parachute and the taxpayer will bail you out.
10. He bailed out at just the right time and floated the short distance to earth in a golden parachute.
11. Mr deVries says it was never clear the exact terms of Mr Homburg's golden parachute or his priority shares.
12. He criticized the plan for doing nothing to prevent Wall Street executives from unloading troubled loans and "walking away with a bonus and a golden parachute."
13. She fired 28, 000 people before she herself was fired, departing with the 21 million dollar golden parachute that is financing her campaign.
14. "The party is over for this compensation for CEOs who take the golden parachute as they drive their companies into the ground," said House Speaker Nancy Pelosi.
15. So there have been understandable questions as to whether Yahoo (YHOO) actually had tied a muzzle to Bartz's golden parachute.
16. Hopefully you'll keep that in mind while the board has the accountants prepare your golden parachute.
More similar words: parachute, parachuting, parachutist, chute, green party, golden, golden age, golden rule, golden mean, golden horde, golden handshake, unparalleled, karachi, earache, arachnid, golgi apparatus, partial denture, arachnophobia, pen pal, paracentesis, chutney, chutzpah, shuteye, shut-eye, in part, nonpareil, nonpartisan, unpardonable, in particular, massachusetts.