Golden parachute
volume
British pronunciation/ɡˈəʊldən pˈaɹəʃˌuːt/
American pronunciation/ɡˈoʊldən pˈæɹəʃˌuːt/

تعريف ومعنى "golden parachute"

Golden parachute
01

المظلة الذهبية

a financial compensation that is offered to a top executive in the event that their employment is terminated
golden parachute definition and meaning

What is the origin of the idiom "golden parachute" and when to use it?

The phrase "golden parachute" originates from the world of corporate finance and executive compensation. This idiom is used to describe a substantial severance package or financial benefits offered to executives if they are forced to leave their position due to certain circumstances, such as a merger, acquisition, or termination.

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