What Does "Golden Parachute" Mean?
"Golden parachute" is an English idiom. It means "a generous financial arrangement, often in the form of a compensation package, given to top executives or employees in the event of their job termination or a company takeover."Examples in Sentences
Here are three examples of the idiom "golden parachute" used in a sentence:- The CEO negotiated a lucrative golden parachute clause in his employment contract.
- She was hesitant to accept the position until the company offered her a substantial golden parachute in case of a change in ownership.
What Is an Idiom?
An idiom is a commonly used expression whose meaning does not relate to the literal meaning of its words. In other words, if you were to translate "Golden Parachute" word for word, there is no guarantee the translation would help you to understand the meaning.An idiom often includes a cultural or historical context that makes it difficult for non-native English speakers to understand. A phrase is classified as an idiom when a direct translation of the words does not reveal the meaning. Most idioms rely on shared knowledge or experiences known only to a specific community.
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