golden parachute
B1CEFR level
45/100Rarity: uncommon
TechnicalRegister
A lucrative payout guaranteed to an executive if they lose their job after a takeover.
His golden parachute was worth three years' salary the moment the deal closed.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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