Kickbacks
/ˈkɪkˌbæks/
Definitions
- (n.) Illicit payments made as bribes to induce someone to improperly act in favor of the payer, commonly in business or contract contexts.
The contractor was investigated for giving kickbacks to secure the government contract.
Related terms
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Commentary
Kickbacks often involve covert payments disguised as legitimate transactions, so precise contractual language and transparency are crucial to avoid legal risks.
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.