A clause in an executive's employment contract specifying that he/she will receive large benefits in the event that the company is acquired and the executive's employment is terminated. These benefits can take the form of severance pay, a bonus, stock options, or a combination thereof.

Larry Johnston, the biggest douche bag in the world is getting a 120 million dollar golden parachute for destroying Albertsons, one of the largest grocery chains in America.. Fuck him..

golden parachute by Kritikal June 11, 2006

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Paracausal Power

The inner ability to not accept the outcome as a causality of a deterministic reality & choose to personally have free will.

Fal'el Ierokk: All living organisms have paracausal power & that's because we're alive.

X'ul Mal: Power is power & power is will.

Zaythan: X'ul is right!

Paracausal Power by Star Spire June 17, 2018

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paracuck

The act of cucking someone over long distances, typically through the internet. When a man or woman prefers to give their attention to an individual whom they (usually) have never met over you. This best used in the context of relationships.

John went on a date with Sabrina, during which she couldn't stop talking about her favorite streamer Christopher. John has now been paracuck-ed by Christopher.

paracuck by 77katz77 March 7, 2022

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fart parachute

the occurrence of really loose pants puffing up with air and becoming taut due to a powerful fart.

Harry: Will you look at that.

Greg: What? Mary?
Harry: Yeah. She's way too large to be wearing yoga pants. And even as big as she is, the pants look kinda baggy.
Greg: Whoa! What the hell happened?
Harry: Hah! She farted!
Greg: Her pants inflated! That's incredible!
Harry: That, my friend, was a fart parachute.

fart parachute by theinstigator December 15, 2013

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parachute kids

(PAIR.uh.shoot kidz) n. Children sent to a new country to live alone or with a caregiver while their parents remain in their home country.

Craig, a high school senior, lives a fantasy most teen-agers only dream. He and his sister Zoe, 14, live in a sprawling San Marino ranch house, their one chaperon an elderly servant who speaks no English...Craig and Zoe are examples of a phenomenon so familiar in the Chinese community that there is a nickname for it: "parachute kids" — dropped off to live in the United States while their wealthy parents remain in Asia.

The parents, mostly from Taiwan, want their children in more open, less cutthroat U.S. school systems, in which the chances of getting into college are much greater.

Parents may place their children with distant relatives or paid caretakers, or simply buy a house for them and have them stay alone. Under these scenarios, the youngsters often live much as adults would, deciding when to go to sleep or attend school and whether dinner will consist of leafy greens or potato chips.

parachute kids by bob1957 December 29, 2009

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pajama casual

Pajama casual is a term used when working from home and preparing for a video conference. All business above the waist and your pajama pants down below.

We have a Zoom meeting in a few minutes and I’ll probably go pajama casual.

pajama casual by jrod-knows March 31, 2020

Word of the Day on October 14, 2026