PRONUNCIATION: (GOL-den par-uh-shoot)

MEANING: noun: An agreement to pay generous compensation to a company executive if dismissed.

ETYMOLOGY: From the idea of a parachute softening the blow of an ejection from a high office and the color golden alluding to the large payment received on dismissal. Earliest documented use: 1981.

GOODEN PARACHUTE - lets pitcher Dwight land gently

GOLDEN, PA. RANCH: UTE - what Native American tribe runs that Dude Resort/Casino in Golden, Pennsylvania?

GOLDEN PARA SHUTE - the author of For Two Cents Plain declared he would vote for the author of On the Beach