Definition of golden handshake noun from the Oxford Advanced Learner's Dictionary


golden handshake

BrE BrE//ˌɡəʊldən ˈhændʃeɪk//
; NAmE NAmE//ˌɡoʊldən ˈhændʃeɪk//
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a large sum of money that is given to somebody when they leave their job, or to persuade them to leave their job
See the Oxford Advanced American Dictionary entry: golden handshake