sweetheart deal

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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.

sweetheart deal

A collusive, unethical transaction between two parties.
References in periodicals archive ?
There is no perception of sweetheart deals, and executives are not encouraged to take desperate actions to cover their loans.
These sweetheart deals should be torn up and refunds given to consumers.
The big threat comes from those who are running around offering sweetheart deals and saying to employers: 'Tell me what you want, boss, and we will call it partnership'.