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golden handshake
(redirected from golden handshakes)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.04 sec.
golden handshake
token of gratitude bestowed on retiring employee after years of service. [Br. Pop. Culture: Misc.]
See : Farewell


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In the past, however, golden handshakes have frequently been given to forced-out city officials.
As a condition for taking over Stuttgart, Anderson demanded carte blanche for the necessary bloodletting, and twenty-five dancers, both with and without tenure, were given golden handshakes, found other jobs, or let go.
Instead of cash, the winner receives a week's worth of television advertising, an hour on ``Oprah,'' book deals, golden handshakes with the city's top power brokers and, most important, a TV audience hungry for quality entertainment.
 
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