What does Golden Handshake mean?
A large sum of money given by a company to a high-ranking executive who is leaving the company, either as a reward or as a condition of their departure.
The departing CEO received a generous golden handshake as part of his severance package.
Golden Handshake in German, French, Spanish and Italian
Germangoldener Handschlag
also Abfindung
Oft Teil von Abfindungsverträgen für Vorstandsmitglieder.
Frenchparachute doré
also indemnité de départ
Somme importante versée lors du départ forcé d'un dirigeant.
Spanishapretón de manos dorado
also paracaídas de oro
Compensación económica por el cese de un alto cargo.
Italianstretta di mano d'oro
also liquidazione d'oro
Indennità di fine rapporto elevata per dirigenti apicali.
Common phrases with Golden Handshake
- receive golden handshake
- generous golden handshake
- severance package golden handshake
- executive golden handshake
Synonyms and opposites for Golden Handshake
- Synonym Severance payment