golden parachute definition, meaning - what is golden parachute in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “golden parachute”

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golden parachute

noun [C] uk   us   informal
a large payment made to someone who has an important job with a company when that person is forced to leave their job
(Definition of golden parachute from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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