golden handshake

Language: en

Meaning: (idiomatic)A generousseverance payment, especially as aninducementto leaveemployment.1997,Labour Research, volume86, 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 substantialgolden handshakes.

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