Investopedia.com Term of the Day

disclaimer: there will not always be a term of the day b/c i will only post the ones i am unfamiliar with and/or feel are good as a refresher

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Term Of The Day: Sweetheart Deal
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A merger, a sale or an agreement in which one party in the
deal presents the other party with very attractive terms and
conditions. The terms of a sweetheart deal are usually so
lucrative that it is difficult to justify turning the offer
down.


Investopedia Says:
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This term can be used to describe a variety of deals, but in
general, a sweetheart deal is a transaction that simply can't
be passed up. For example, a merger may be a sweetheart deal
for the top executives of the target firm because they get
very healthy buyout packages. This kind of sweetheart deal is
usually considered unethical, however, because it may not be
in the best interests of shareholders.