sweetheart deal


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Related to sweetheart deal: Sweetheart contract

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 ?
InterContinental Hotels Group PLC (LSE: IHG), a UK-based owner, manager and franchisor of hotels and resorts, has announced a Sweetheart Deal for couples getting married.
Wexford TD Sean Connick branded the sweetheart deal "unfair" yesterday and revealed backbenchers vented their fury at leaders at a heated party meeting on Tuesday night.
To help celebrate its 25th anniversary, Medieval Times Dinner & Tournament's California Castle is offering a Valentine's Sweetheart Deal for $99* (regular price $149.
ATLANTA, April 13, 2011 /PRNewswire/ -- IHG (InterContinental Hotels Group) is getting newlyweds off to a blissful start this wedding season with its first-ever Sweetheart Deal.
And while no one disputes the value of anti-gang programs, it's easy to see how this shell game could play out: First the trash fee goes from cops to anti-gang efforts; then other moneys that would have gone to anti-gang efforts go to City Hall pay raises or the latest sweetheart deal for a well-connected developer.
Officials at the home are angry over the sweetheart deal, saying they need to develop the land and use the income to remain financially solvent.
First, to an outside investor, loan forgiveness looks like a sweetheart deal.
This budget gives a big sweetheart deal to the multi-national gas drilling industry," said Jan Jarrett, PennFuture's president and CEO, "but it gives bupkis to the average Pennsylvania taxpayer.
This sweetheart deal is nothing more than a 'kick-back' program that gives Diageo a huge financial payday in exchange for being required to only hire only 40 employees," said Robert Deposada, President of Latinos for Reform.
The Engineers and Architects Association is threatening to conduct rotating walkouts if the city doesn't give its 8,400 municipal workers the same sweetheart deal as Department of Water and Power workers.
in a sweetheart deal that radically undervalues Intermix and fails to recognize the growing value of MySpace.
and urged it to rescind the sweetheart deal that is scheduled to be finalized tomorrow afternoon in the form of a rights offering.