Parachute Payment

Synonyms of parachute payment

• severance package
• golden parachute
• exit package

Antonyms of parachute payment

• promotion
• bonus
• salary increase

Collocations of parachute payment

golden parachute

Frequency: 80 %

The CEO received a generous golden parachute upon leaving the company.

generous parachute payment

Frequency: 75 %

The company offered a generous parachute payment to executives in case of a merger or acquisition.

lucrative parachute payment

Frequency: 70 %

The retiring executive negotiated a lucrative parachute payment as part of their contract.

sizeable parachute payment

Frequency: 60 %

The departing employee was granted a sizeable parachute payment to ease their transition.

controversial parachute payment

Frequency: 45 %

The board's decision to award a controversial parachute payment sparked public outrage.

Idiomatic Expressions for parachute payment

• Phrase: parachute payment clause
  Meaning: a provision in a contract that outlines the terms and conditions under which a parachute payment will be made to an executive
  Usage: The employment agreement included a parachute payment clause to ensure the CEO would receive compensation if the company underwent a change in control.