tin parachute

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noun

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.

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Origin of tin parachute

First recorded in 1985–90

Words nearby tin parachute

Tínos, tin-pan, Tin Pan Alley, tin-panning, tin pants, tin parachute, tin pest, tin plate, tin-pot, tin pyrites, tinsel

How to use tin parachute in a sentence

The line right before this is “With little tin horns and little toy drums.”
The Most Confusing Christmas Music Lyrics Explained (VIDEO)|Kevin Fallon|December 24, 2014|DAILY BEAST
The raw materials— tin, tantalum, tungsten and gold—were dubbed “conflict minerals.”
Aaron Rodgers Takes Aim at Congo’s ‘Blood Minerals’ War|John Prendergast|December 3, 2014|DAILY BEAST
Are you the kind of criminal who steals a plane and then jumps without a parachute from high over a body of water?
I Felt Like Showering After the First-Person Sex in ‘Grand Theft Auto’|Alec Kubas-Meyer|November 22, 2014|DAILY BEAST
One and all, they come shaking their tin cups at election time then run like the wind when a critical vote comes up.
How the Lame Democrats Blew It|Goldie Taylor|November 5, 2014|DAILY BEAST

The more than 50,000 who reside in West Point live mostly in shacks made of zinc with rusted tin roofs.
Meet the Liberian Girls Beating Ebola|Abby Haglage|October 29, 2014|DAILY BEAST
And I will turn my hand to thee, and I will clean purge away thy dross, and I will take away all thy tin.
The Bible, Douay-Rheims Version|Various
Otherwise, a child's box of tin soldiers sent by post would have been just the thing for the Dardanelles landing!
Gallipoli Diary, Volume I|Ian Hamilton
He watched the man put some bread and milk in a tin pan, and set it down on the floor of the basket.
Squinty the Comical Pig|Richard Barnum
All the bamboo clappers, cocoanut shells, tin pans, and red flags that could be found were seized and put into use.
Alila, Our Little Philippine Cousin|Mary Hazelton Wade
Another manner of punishment consists in making them wear a tin mask, which is fastened with a lock behind.
A Woman's Journey Round the World|Ida Pfeiffer