golden parachute Meaning and Definition
Urdu Translation
English Translation for golden parachute
golden parachute
سنہرا محافظ چھتری
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Definitions
English definition for golden parachute
1. n. giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover
All in One
A golden parachute is an agreement between a company and an employee (usually upper executive) specifying that the employee will receive certain significant benefits if employment is terminated.
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