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golden handcuffs

   Also found in: Dictionary/thesaurus, Idioms, Wikipedia, Hutchinson 0.01 sec.
Golden handcuffs
A contract that binds a broker to a brokerage firm by offering the broker commissions and bonuses, but penalizes the broker if he or she goes to work for another firm.
golden handcuffs
A lucrative incentive offered to a firm's executive in order either to keep him or her from moving to a job at another company or to buy the executive's longer-term cooperation after departure.


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