- golden handshake
- noun Date: 1960 a generous severance agreement given especially as an inducement to early retirement
New Collegiate Dictionary. 2001.
golden handshake
Look at other dictionaries:
golden handshake — Also known as a golden parachute. Financial benefits provided to employees (usually senior employees or directors) on leaving their employer. Such provisions may be: • A long fixed term contract giving rise to damages in the event of early… … Law dictionary
golden handshake — A golden handshake is a payment made to someone to get them to leave their job … The small dictionary of idiomes
golden handshake — golden handshakes N COUNT A golden handshake is a large sum of money that a company gives to an employee when he or she leaves, as a reward for long service or good work … English dictionary
golden handshake — n BrE a large amount of money given to someone when they leave their job … Dictionary of contemporary English
golden handshake — noun count BUSINESS a large amount of money given to a senior manager in a company when they leave their job … Usage of the words and phrases in modern English
golden handshake — ► NOUN informal ▪ a payment given to someone who is made redundant or retires early … English terms dictionary
golden handshake — n. Informal payment offered to induce an employee to retire early … English World dictionary
golden handshake — A large payment to a senior employee who is forced into retirement or fired as a result of a takeover or similar development. Bloomberg Financial Dictionary * * * golden handshake ˌgolden ˈhandshake also handshake noun [countable] HUMAN RESOURCES … Financial and business terms
Golden handshake — A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses his or her job through firing, restructuring, or even scheduled retirement.… … Wikipedia
Golden Handshake — A stipulation in an employment agreement which states that the employer will provide a significant severance package if the employee loses their job. A golden handshake is usually provided to top executives for loss of employment through layoffs … Investment dictionary
golden handshake — UK / US noun [countable] Word forms golden handshake : singular golden handshake plural golden handshakes business a large amount of money given to a senior manager in a company when they leave their job … English dictionary
