parachute

/pˈæɹəʃˌuːt/

/ˈpɛɹəˌʃut/

Parachute

an object that allows a person or thing to slowly come to the ground after dropping from a flying aircraft

synonyms : chute

to parachute

MAIN VERB

jump from an airplane and descend with a parachute

synonyms : chute

Examples

1. When the CEO resigned, he received a generous golden parachute as part of his exit package.

2. The CEO negotiated a golden parachute in her contract to ensure financial security if the company undergoes a takeover.

3. As the company faces a potential merger, the executives are concerned about the future of their golden parachutes.

4. Every time you go parachuting you're taking your life in your hands.