Dictionary.com
definitions
  • synonyms

tin parachute

See more synonyms for tin parachute on Thesaurus.com
noun
  1. an employment agreement guaranteeing a worker compensation, especially in the form of bonuses and benefits, in the event of dismissal as a result of a merger or takeover.
Show More

Origin of tin parachute

First recorded in 1985–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018