Silver Parachute

0.01 sec.

Silver Parachute

A clause in a hiring contract describing a relatively lucrative severance package once an employee leaves a company, especially after a merger or acquisition. Such a package often includes cash and stock options, as well equity in the company. A silver parachute is not normally as large as a golden parachute, but a greater number of employees are eligible for one.

silver parachute

An agreement for employee severance benefits in the event control of the firm changes hands. A silver parachute is less lucrative and is extended to more employees than is a golden parachute.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Golden Parachute Silver Parachutes			Even less common than gold or silver parachutes are tin parachutes--severance plans that cover all of the employees of a company in the event it undergoes a change in control. Minimize parachute penalties by Myers, Randy / Journal of Accountancy			Siege Siege Economy Sight deposit account Sight Draft Sight Letter of Credit sight line Signal Signaling Approach Signaling Approach on Dividend Policy signature elevator link Signature Guarantee Signature loan Signatures on Proxies Significant Influence Significant Order Significant Order Imbalance Sigtdokument silent partner silent second Silicon Valley Siliconaires Silo Silver Silver Certificate Silver Krugerrand Silver Parachute Silver Parachutes Simbolo de la accion SIMEX SIMPLE Simple Compound Growth Method simple interest Simple Interest Biweekly Mortgage Simple Interest Mortgage SIMPLE IRA Simple Linear Regression Simple Linear Trend Model simple loss payable clause simple majority Simple Moving Average Simple Prospect Simple Rate of Return SIMPLE Retirement Plan Simple Trust Simplified Employee Pension Simplified Employee Pension Plan Simplified Method simulate Simulation Simultaneous Death Act simultaneous death clause			silver migration silver mine Silver mining Silver moonfish Silver moth Silver Motor Yacht Association silver mound Silver Mountain Lead Mines, Inc. Silver Mountain School of Hotel Management Silver Mt. Zion Silver Mustang Registry silver nitrate silver nitrate silver nitrate silver nitrate silver nitrate (toughened) silver nitrate (toughened) silver nitrate (toughened) silver nitrate (toughened) silver nitrite silver oak Silver Oak Educational Partnership Silver Oak Leaf Cluster Silver ore Silver ore Silver ore silver orthophosphate Silver owl Silver oxide silver oxide cell Silver Parachute Silver Parachutes silver perch silver permanganate Silver Pheasant Silver Pheasant silver phosphate silver picrate Silver Piece silver pine silver plate silver plate Silver Plated Oxygen Free Copper silver plating Silver Platter Information Retrieval Software Silver plover Silver point Silver point Silver point Silver point Silver point Silver Point Beach Club silver points silver points silver points silver points Silver poplar Silver poplar Silver poplar silver potassium cyanide silver protein

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.