| NOUN | act | golden parachute | giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover |
|---|
| Meaning | Giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover. | |
|---|---|---|
| Broader | shark repellent, porcupine provision | A measure undertaken by a corporation to discourage unwanted takeover attempts |
| Catalan | paracaiguda | |
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