golden parachute
noun [C] informalDefinition
› a large payment made to someone who has an important job with a company when they are forced to leave their jobRetiring and resigning from work
(Definition of golden parachute noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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- Buying & selling - general words
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- Firing staff
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Synonyms and related words:
- abdicate verb (KING/QUEEN)
- attrition noun
- bow out phrasal verb
- chuck sth in phrasal verb
- departure noun (LEAVING)
- golden handshake noun
- leave the field clear for sb idiom
- natural wastage noun
- outgoing adjective (LEAVING)
- pension noun
- pension sb off phrasal verb
- redundancy payment noun
- resignation noun (JOB)
- retire verb (STOP WORKING)
- retired adjective
- retiree noun
- retirement noun
- retiring adjective (STOP WORKING)
- stand aside phrasal verb
- turnover noun (EMPLOYEES)
Topic:
Retiring & resigning
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