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 ?
Its time to speak directly to the protesters by telling them there will be no sweetheart deals, so its time to go home and let some houses be built.
In the deal, KR was compelled to lend the operator S.5 billion in a sweetheart deal without any interest on repayment, which is also swapped with services whose costs can easily be varied upwards in a case where Kenya became the lender to the Chinese company that built the railway line at over S00 billion.
"Some landlord is going to have to create a sweetheart deal. Whoever is going to be first, the rest will follow."
Ministers have strongly denied suggestions they offered the firm a sweetheart deal but have refused to publish a letter of reassurance sent to Nissan boss Carlos Ghosn.
It would appear that there is one rule for Google and another for the disabled, a sweetheart deal for a multi-national company and malnutrition for those who cannot work.
Experts had reckoned the sweetheart deal with George Osborne to pay PS130million tax for 10 years' profit was equivalent to 3 per cent.
"The way the UK calculates profit for tax purposes amounts to a sweetheart deal for multinationals."
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.
In mid-January, Brookfield canceled its offer days after a group of Kerzner creditors filed a lawsuit alleging that the Canadian conglomerate negotiated a "sweetheart deal" that would negatively impact the interests of other lenders.
This is a sweetheart deal for someone to own an established restaurant.
Travel Business Review-April 15, 2011--InterContinental Hotels Offers Sweetheart Deal for Couples(C)2011] ENPublishing - http://www.enpublishing.co.uk