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golden handshake
noun
: a generous severance agreement given especially as an inducement to early retirement
Examples of golden handshake in a Sentence
Recent Examples on the Web
The O’Hare couple will have plenty to keep them busy after their golden handshake.
—Byryan Hogg, Fortune Europe, 5 July 2024
In Munger’s view, Gutfreund let the company down and deserved no huge golden handshake.
—Matt Schifrin, Forbes, 29 Nov. 2023
Last summer, he was handed a contract worth $36 million a year, complete with a $120 million golden handshake.
—Rory Smith, New York Times, 24 July 2023
The virtuosity came in the form of a golden handshake, the documents show.
—Catherine Belton, Washington Post, 28 Oct. 2022
Ms Jiba’s successor, Mxolisi Nxasana, proved less convenient for Mr Zuma, and left after a golden handshake.
—The Economist, 12 Dec. 2019
The ex-Borussia Dortmund star also wants a 'golden handshake' from United to leave - something the 20-times English top flight champions are refusing to entertain.
—SI.com, 17 Jan. 2018
The law tolerates golden handshakes or other incentives for employees who agree to retire within two or three years, but even these must be structured carefully to avoid litigation based on a claim of age discrimination.
—Saul Levmore and Martha Nussbaum, WSJ, 22 Sep. 2017
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Word History
First Known Use
1959, in the meaning defined above
Dictionary Entries Near golden handshake
Cite this Entry
“Golden handshake.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/golden%20handshake. Accessed 21 Nov. 2024.
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