golden handshake

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English[edit]

Pronunciation[edit]

  • (file)

Noun[edit]

golden handshake (plural golden handshakes)

  1. (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.

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