golden handshake


golden handshake

noun

: a large amount of money that a company gives to an employee who is leaving the company

Full Definition of GOLDEN HANDSHAKE

:  a generous severance agreement given especially as an inducement to early retirement

First Known Use of GOLDEN HANDSHAKE

1960

Browse

Next Word in the Dictionary: golden hardhack
Previous Word in the Dictionary: golden handcuffs
All Words Near: golden handshake

Seen & Heard

What made you want to look up golden handshake? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More