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Term Of The Day- Golden Coffin

 

What Does it Mean?
A lucrative death-benefit policy given to top executives. A golden coffin is a death-benefit package awarded to the heirs of high ranking executives who die while still employed with a company. Benefits awarded can include unearned salary, accelerated stock options and insurance proceeds.

Source: Investopedia

This entry was posted on Monday, July 27th, 2009 at 4:38 am and is filed under Term Of The Day. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response”

  1. Antonio Grieve Says:
    December 13th, 2009 at 10:35 am

    I love how you combined this theme with your Wordpress blog! Do you recon it is made for my blog? For example: http://safegreenfunds.com/biggest-stock-gainers-121109-december-11-2009-8

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