sweetheart deal

(redirected from Sweetheart deals)
Also found in: Dictionary, Idioms.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

sweetheart deal

A collusive, unethical transaction between two parties.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Who else would enter into such a 'sweetheart deals' except the 'fly-by-night' operators who needed State patronage?
He tagged the seven contracts as sweetheart deals since he claimed they were accepted after the 5 p.m., April 29, 2016 deadline set by the Commission itself.
Labour argued that whilst large companies may be able to hire accountants and lawyers, "wineand-dine senior civil servants and other policymakers", many comparatively small companies are not in a position to secure any "sweetheart deals".
Despite the fact that he no longer has the Canadian docks, and that other companies by law must have the right to bid, Cuomo gave Glynn a sweetheart deal and the people of New York were shorted by at least $100 million.
UK Uncut, the anti-tax avoidance campaign group, has lost (http://www.ibtimes.co.uk/articles/463293/20130501/tax-avoidance-uk-uncut-hmrc-sweetheart-deals.htm) its high court challenge to a so-called "sweetheart deal" worth [pounds sterling]10m between HMRC and investment banking giant Goldman Sachs.
Under Leibowitz' leadership, the commission took aggressive, bipartisan action to stop what it describes as sweetheart deals in which branded drug manufacturers allegedly paid potential generic rivals to delay their introduction of lower-cost pharmaceuticals.
Members of the European Parliament have called for an investigation into the $1.3 billion-per-submarine purchases and the defense industry, where deals are commonly couched in sweetheart deals -- a billion dollar submarine order for Germany and a host of deals for Greece that pave the way for a signature on the contract.
"That's good news for American consumers who are paying inflated prices for much-needed drugs because of the sweetheart deals between the brand and generic companies."
They were forced to do sweetheart deals and I predict they will have to consult the citizens of the borough like they have never before.
"We are not entering into any sweetheart deals with the airport company on no-strike agreements."