dollar-a-year man
The term "dollar-a-year man" originated during World War I and II, referring to executives who worked for the U.S. government for a nominal salary to aid the war effort.
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Definition
C1Historical
(formal)An American executive who worked for the government during wartime for a nominal salary of one dollar per year.
Example
- During World War II, many business leaders became dollar-a-year men to support the war effort.
C1Business
(informal)An executive who works for a very low salary, often due to personal wealth or stock options.
Example
- He became a dollar-a-year man, taking a token salary while relying on his stock options.
Similar
Terms that have similar or relatively close meanings to "dollar-a-year man":