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Bookmark or Share- Golden parachute Definition & Meaning - Merriam-WebsterThe meaning of GOLDEN PARACHUTE is a generous severance agreement for a corporate executive in the event of a sudden dismissal (as because of a merger). The Gilded History of Golden Parachute.
- Golden Parachutes: What Are They? - The BalanceAs its name implies, a golden parachute payment is meant to provide a safe financial landing for a corporate executive if they are forced to leave a company after a merger, acquisition, or takeover. These payments come with tax and securities law implications for both the company and the executive.
- Golden parachute - WikipediaA golden parachute is an agreement between a company and an employee (usually an upper executive) specifying that the employee will receive certain significant benefits if employment is terminated. These may include severance pay, cash bonuses, stock options, or other benefits.
- Golden Parachute: Definition, Examples, Controversy - InvestopediaGolden parachutes are contracts with key executives and can be used as a type of anti-takeover measure, often collectively referred to as poison pills, taken by a firm to discourage an...
- Golden parachute | Executive Severance & Benefits | Britannica Moneygolden parachute, a provision in an employment contract that grants lucrative severance benefits to an executive if control of the company changes hands, as by a merger.
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