Foreign Corruption
/ˈfɔːrɪn kɒˌrʌpʃən/
Definitions
- (n.) The act of offering, giving, receiving, or soliciting something of value to influence a foreign official in violation of anti-bribery laws.
The company faced severe penalties for engaging in foreign corruption under the Foreign Corrupt Practices Act.
Forms
- foreign corruption
Related terms
See also
Commentary
Typically arises in the context of international anti-bribery statutes, especially the U.S. Foreign Corrupt Practices Act and similar legislation, emphasizing improper influence of foreign officials.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.