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:
“So, my sweetheart back home writes to me and wants to know what this gal in Bombay’s got that she hasn’t got. So I just write back to her and says, “Nothin’, honey. Only she’s got it here.””
—Alvah Bessie, Ranald MacDougall, and Lester Cole. Raoul Walsh. Sergeant Tracey, Objective Burma, to a buddy (1945)
“This is really the common mentality of prisoners: they read with great attention all the articles that deal with illnesses and send away for treatises and “be your own doctor” or “emergency treatments” and end up by discovering that they have at least 300 or 400 illnesses, whose symptoms they are experiencing.”
—Antonio Gramsci (1891–1937)