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 ?
Couples who book at any participating Holiday Inn in US as their wedding venue will receive a Prepaid Visa card up to USD750 using the Sweetheart Deal wedding reception offer.
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.
There is no perception of sweetheart deals, and executives are not encouraged to take desperate actions to cover their loans.
So instead of paying their fair share, the industry will get sweetheart deals on drilling leases on state land.
I believe other major media companies are interested in bidding for Intermix, however Intermix refused to wait for other offers, and rushed to strike a sweetheart deal with News Corp.
It's just a matter of whether City Hall is willing to spend a little more to pursue them, just as it gladly spends a lot more every time it cuts a sweetheart deal with some politically connected union or developer.
If they give in now, every other union will demand the same sweetheart deal, and, once again, there will be precious little left to hire more cops, pave more streets, solve more problems.
That's what the mayor and City Council did when they went on vacation without answering questions about who's responsible for cutting a sweetheart deal with DWP workers.
That's what the mayor and City Council did last week when they went on vacation without answering the hard questions about who is responsible for cutting a sweetheart deal with Department of Water and Power workers that could dash hopes for a better Los Angeles.
What we're looking at is a sweetheart deal among insiders that enriches management at shareholders' expense.
Local and federal investigators are looking into whether an Airport Commission member or other city officials sought a sweetheart deal for a Taiwanese shipping and airline company during Mayor James Hahn's 2002 Asian trip, according to two sources.