golden parachute
US /ˈɡoʊl.dən ˈpær.ə.ʃuːt/
UK /ˈɡoʊl.dən ˈpær.ə.ʃuːt/

1.
golden parachute, pesangon mewah
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
:
•
The CEO received a substantial golden parachute when the company was acquired.
CEO menerima golden parachute yang besar ketika perusahaan diakuisisi.
•
Shareholders often criticize excessive golden parachute clauses in executive contracts.
Pemegang saham sering mengkritik klausul golden parachute yang berlebihan dalam kontrak eksekutif.