The term sweetheart deal or sweetheart contract is used to describe an abnormally favorable contractual arrangement. A golden parachute is an example of a type of sweetheart deal. It is frequently used in describing deals involving government officials, and hints at the presence of corruption. Also may used to describe an action between two parties in which a third party is put at distinct disadvantage, (ie: price fixing between oil companies or mobility services).
In the context of employment rights, a sweetheart contract can describe a deal between an employer and a trade union officials that benefits them both at the expense of employees.
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Famous quotes containing the words sweetheart and/or deal:
“My sweetheart is to me more than a coined hemisphere.”
—Anthony Trollope (1815–1882)
“O monstrous! but one half-penny-worth of bread to this
intolerable deal of sack!”
—William Shakespeare (1564–1616)