| 单词 | compensation for loss of office |
| 释义 | compensation for loss of office compensation for loss of office A payment made by a company to a director, senior executive, or consultant who is forced to retire before the expiry of a service contract, as a result of a merger, takeover, or any other reason. This form of severance pay (see alsoredundancy) may be additional to a retirement pension or in place of it; it must also be shown separately in the company’s accounts. Because these payments can be very large, they are known as golden handshakes. See alsogolden parachute. |
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英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。