What does sweetheart deal mean?

Definitions for sweetheart deal
sweet·heart deal

This dictionary definitions page includes all the possible meanings, example usage and translations of the word sweetheart deal.


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Wiktionary

  1. sweetheart dealnoun

    A transaction, contract, or other agreement in which one party provides particularly favorable terms to the other, especially in suspicious circumstances.

Wikipedia

  1. Sweetheart deal

    A sweetheart deal or sweetheart contract is a contractual agreement, usually worked out in secret, that greatly benefits some of the parties while inappropriately disadvantaging other parties or the public at large. The term was coined in the 1940s to describe corrupt labor contracts that were favorable to the employer rather than the workers, and usually involved some kind of kickback or special treatment for the labor negotiator.The term is also applied to special arrangements between private corporations and government entities, whereby the corporation and sometimes a government official reap the benefits, rather than the public. No-bid contracts may be awarded to people who have political connections or make donations to influential politicians. Sometimes a sweetheart deal involves tax breaks or other inducements to get a corporation to do business in that city or state.A "sweetheart settlement" may also occur in a legal context. For example, in a class-action lawsuit the attorneys representing a class of plaintiffs may reach an agreement with the defendant in which the primary result is a lucrative fee for the attorneys rather than maximum compensation for the class members.

Wikidata

  1. Sweetheart deal

    A sweetheart deal or sweetheart contract is an abnormally favorable contractual arrangement. A golden parachute is an example of a type of sweetheart deal. It particularly applies to government officials and uses of the term involve hints at the presence of corruption. Such deals may also put a third party at a distinct disadvantage,. In the context of employment rights, a sweetheart contract can involve a deal between an employer and a trade union officials that benefits both at the expense of employees.

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Numerology

  1. Chaldean Numerology

    The numerical value of sweetheart deal in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of sweetheart deal in Pythagorean Numerology is: 2

Examples of sweetheart deal in a Sentence

  1. Hector Balderas:

    This sweetheart deal must be canceled and reassigned to a New Mexico ranching family.

  2. Hillary Clinton:

    We are providing a single industry with a guaranteed market for its products -- subsidies on top of subsidies on top of subsidies, and, on top of that, protection from liability, what a sweetheart deal.


Translations for sweetheart deal

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"sweetheart deal." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/sweetheart+deal>.

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