sweetheart deal

/ˈswithat dil/ (say 'sweethaht deel)

noun
a private agreement reached between two parties, as an employer and a trade union, to their mutual advantage, often made without proper regard for other parties affected or society as a whole: *governments had to stop `sweetheart deals' and `featherbedding' in their own departments before they could start other economy reforms. –mail, 1989.
Also, sweetheart agreement.

Australian English dictionary. 2014.

Look at other dictionaries:

  • sweetheart deal — UK US noun [C] DISAPPROVING COMMERCE ► an agreement between two organizations that offers advantages to both but is unfair to competitors: »The oil magnate accused the state owned oil company of overpaying for a smaller company in a sweetheart… …   Financial and business terms

  • Sweetheart deal — 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… …   Wikipedia

  • Sweetheart Deal — 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.… …   Investment dictionary

  • sweetheart deal —    The term sweetheart deal is used to refer to an abnormally lucrative arrangement between two parties.     Opponents say the contract was awarded to the builder as part of a sweetheart deal, and is therefore illegal …   English Idioms & idiomatic expressions

  • sweetheart deal — noun A transaction, contract, or other agreement in which one party provides particularly favorable terms to the other, especially in suspicious circumstances. Steven Matthews, described the lease last week as a sweetheart deal that gives too… …   Wiktionary

  • sweetheart deal — noun, pl ⋯ deals [count] chiefly US : an unusually good arrangement or agreement that helps someone who has a lot of influence or who knows someone important He got a sweetheart deal on the new job/car because he knows the manager …   Useful english dictionary

  • sweetheart deal — n. a deal made between friends so that both may profit well. (Such deals usually involve illegal or unethical practices.) □ They found that the mayor was involved in a number of sweetheart deals. □ Most of the general contractors in town would be …   Dictionary of American slang and colloquial expressions

  • sweetheart deal —  A mutually profitable but illegal arrangement, usually between a business and a government agency …   American business jargon

  • sweetheart — sweet‧heart [ˈswiːthɑːt ǁ hɑːrt] adjective [only before a noun] a sweetheart deal, contract, agreement etc is unfair because it gives people who know each other well or have a lot of influence an unfair advantage: • Some executives have been… …   Financial and business terms

  • sweetheart contract — ☆ sweetheart contract n. a contract arranged by collusion between union officials and an employer with terms disadvantageous to union members: also sweetheart deal or sweetheart agreement …   English World dictionary

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