sweetheart deal

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Sweetheart Deal

A sale with exceptionally attractive terms, especially offered between persons with an ongoing business or personal relationship. A sweetheart deal may be offered, for example, to a long-time client. The term may, under some circumstances, connote corruption. See also: Fiduciary Responsibility.

sweetheart deal

A collusive, unethical transaction between two parties.
References in periodicals archive ?
Ask Participating Jewelers for their Sweetheart Deals and Specials -
One of the few drawbacks to term limits is that elected officials who make these sweetheart deals will not be around long enough to face the consequences.
We are not entering into any sweetheart deals with the airport company on no-strike agreements.
In March 2002 the QIG returned to find that sweetheart deals accounted for "1 out of every 5 dollars of the $1 billion" the EPA awarded in 1999 and 2000.
Moves toward a free market have often been accompanied by sweetheart deals masked by a fog that individual Russians cannot penetrate.
Services and management may have been performed under sweetheart deals with the current owner which are sure to increase after the sale - and it is also pays to investigate the status of labor peace.
So instead of paying their fair share, the industry will get sweetheart deals on drilling leases on state land.
Mill Road Capital's Thomas Lynch commented: "It is high time to put an end to self-dealing and sweetheart deals for the Jundt family.
These sweetheart deals should be torn up and refunds given to consumers.
The new leader of Britain's biggest manufacturing union is to 'tear up the form book' on industrial relations by ditching so-called sweetheart deals in a move which will send shockwaves across industry.
Postured is the operative word here, for behind the scenes, he cut sweetheart deals with his developer pals, showering them with millions in Federal urban-aid dollars that could have been used to alleviate some of the city's glaring problems.