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idiom
Business

golden parachute

GOHL-den PAIR-ah-shoot

ˈɡoʊldən ˈpærəʃuːt

Listen

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Syllable breakdown

goldenparachute

Dictionary meaning

A lucrative financial package given to an executive when they leave a company.

Examples

  • The CEO received a golden parachute worth millions when the company was acquired.

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