golden parachute

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

They also supported golden parachute payments to executives, in case the transaction fails to close.

From Reuters

There was no golden parachute for Youngkin, but he didn’t need one.

From Washington Post

It looked like a reform measure, since it reduced his golden parachute.

From New York Times

When the IPO blew up, Adam got a golden parachute while these hard-working employees found out their stock options were worthless.

From The Verge

Few practices reveal the disconnect between CEO pay and performance like “golden parachute” severance packages — particularly those that follow underperformance.

From Washington Post