golden handshake
English
Pronunciation
Audio (AU) (file)
Noun
golden handshake (plural golden handshakes)
- (idiomatic) A generous severance payment, especially as an inducement to leave employment.
- 1997, Labour Research, volume 86, page 6:
- Lloyds TSB's 1996 accounts show that the executive fallout following the takeover of TSB by Lloyds meant the departure of two executives clutching substantial golden handshakes.
Related terms
Translations
generous severance payment
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