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What is the abbreviation for golden parachute

Looking for the shorthand of golden parachute? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: golden parachute.

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Golden Parachute

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What does golden parachute mean?

golden parachute(noun)
giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover

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