Question 1

What does "golden handshake" mean?

Accepted Answer

A large sum of money given to a senior employee when they leave a company, often as part of a redundancy package.

Question 2

How do you use "golden handshake" in a sentence?

Accepted Answer

The departing CEO received a golden handshake worth three million pounds.

Question 3

Is "golden handshake" formal or informal?

Accepted Answer

"golden handshake" is register-neutral — appropriate in both casual and formal contexts. Often used critically to describe excessive payoffs to departing executives regardless of performance.