Easy Compensation package, often lucrative, provided to top executives in case of job termination, typically including severance pay and benefits. Clear All
2 Example Sentences Showcasing the Meaning of 'Golden Parachute'
The departing manager received a golden parachute, ensuring a smooth transition with financial stability.
The golden parachute provided the departing executive a sense of financial security as they ventured into a new phase of their career.
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