golden parachute
US /ˈɡoʊl.dən ˈpær.ə.ʃuːt/
UK /ˈɡoʊl.dən ˈpær.ə.ʃuːt/
1.
parachute doré, indemnité de départ
a large payment or other financial compensation guaranteed to a company executive in the event of termination of employment, especially due to a merger or acquisition
:
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The CEO received a substantial golden parachute when the company was acquired.
Le PDG a reçu un important parachute doré lorsque l'entreprise a été acquise.
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Shareholders often criticize excessive golden parachute clauses in executive contracts.
Les actionnaires critiquent souvent les clauses de parachute doré excessives dans les contrats des dirigeants.