Definitions from Wiktionary (golden parachute)
▸ noun: (idiomatic, business, management) An agreement between a company and an employee, usually an executive, specifying that the employee will receive certain significant benefits if employment is terminated.
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▸ noun: (idiomatic, business, management) An agreement between a company and an employee, usually an executive, specifying that the employee will receive certain significant benefits if employment is terminated.
Similar:
golden handshake,
severance payment,
golden handcuffs,
severance pay,
separation pay,
severance,
service agreement,
exit clause,
separation allowance,
vesting,
more...
Opposite:
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▸ Invented words related to golden parachute