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

Finnish: kultainen kädenpuristus (fi)
French: gratification de fin de service f, indemnité de départ f, prime de départ (fr) f
German: goldener Handschlag m
Italian: buonuscita (it)
Romanian: contract verbal n

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