top hat plan
n.— «Many CEOs are at the same time receiving what are known as “supplemental executive retirement pensions,” often called “top hat” plans because they are reserved for a select group of managers who receive monster paychecks.» —“AFL-CIO CEO PayWatch Website Offers Sneak Peak at Top 25 Super-Pensions” in D.C. Yahoo! News Apr. 6, 2006. (source: Double-Tongued Dictionary)
Further reading
In the 15th century, the word respair meant “to have hope again.” Although this word fell out of use, it’s among dozens collected in a new book of soothing vocabulary for troubled times. Plus, baseball slang: If a batter...
The Kong in the name of the 1933 movie King Kong, probably alludes to the Congo in Africa, the home of gorillas. Previous movies used a form of that name as well; Kongorilla, for example. In the 1950s, the English name of the Japanese movie monster...