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What is the meaning of the word kickback?

What is the meaning of the word kickback?

A kickback is a bribe or payment that’s given to someone as a reward for their help with something. It’s a particular type of bribe in which the person receiving the money (or candy) and the person giving it are both participating knowingly in something illegal.

What’s another term for kickback?

Kickback Synonyms – WordHippo Thesaurus….What is another word for kickback?

bribe payment
graft payola
recompense sweetener
enticement gift
payoff share

What is an example of a kickback?

One example of a kickback is the submission of an inflated or fraudulent invoice for goods and services that are of inferior quality or items that are not needed. An employee of the company purchasing the unneeded goods will then secure the payment for the company submitting the fraudulent invoice.

What alleged kickbacks?

A kickback is a sum of money that is paid to someone illegally, for example money which a company pays someone to arrange for the company to be chosen to do an important job. alleged kickbacks and illegal party financing. Synonyms: bribe, payoff, backhander [slang], enticement More Synonyms of kickback.

What is a kickback Urban Dictionary?

On Urban Dictionary, expert user “Chase” describes a kickback as a “small gathering between groups of friends, more than a get together, less than a party.” The knowledgeable Chase has also popularly defined terms like “tig ol’ bitties,” “turd burglar,” and, surprisingly, “Pope John Paul II” on Urban Dictionary.

What bribery means?

5.1 Defining Bribery TI defines bribery as: the offering, promising, giving, accepting or soliciting of an advantage as an inducement for an action which is illegal, unethical or a breach of trust.

What is party slang?

shindig (informal) soirée. wrap party. rave-up (British, slang) afterparty.

What is difference between kickback and bribe?

A bribe is usually defined as the giving or receiving of a “thing of value” to corruptly influence the actions of another, most commonly to influence a contract award or the execution of a contract. A “kickback” is a bribe paid incrementally by the contractor as it is paid.

What are kickback payments?

A kickback is an illegal payment intended as compensation for preferential treatment or any other type of improper services received. The kickback may be money, a gift, credit, or anything of value.

Why is a kickback illegal?

A kickback is an illegal payment intended as compensation for preferential treatment or any other type of improper services received. Paying or receiving kickbacks is a corrupt practice that interferes with an employee’s or a public official’s ability to make unbiased decisions.

Whats the difference between a kickback and a party?

Kickbacks are usually just you and your friends with alcohol, weed, and music. Parties are much bigger and include a bunch of people you don’t know. Alcohol and drugs are usually present.

What is bribery in simple words?

Bribery is the act of offering someone money or something valuable in order to persuade them to do something for you.

The definition of a kickback is slang for a bribe or incentive paid to someone who helped you make money, or a sudden, forceful recoil. When you bid on a job and job is awarded to you and you have to pay someone $1000 because your received the award, this $1000 payment is an example of a kickback.

What is an illegal kickback?

A kickback is an illegal payment intended as compensation for favorable treatment or other improper services. The kickback may be money, a gift, credit, or anything of value. Paying or receiving kickbacks is a corrupt practice that interferes with an employee’s or a public official’s ability to make unbiased decisions.

What does kick back mean?

kick back. 1. verb To recoil, as of a gun that has been fired. If you’re not careful, that rifle will bruise your shoulder when it kicks back. 2. verb To relax, typically by reclining and/or engaging in a sedentary activity. Often used in the phrase “kick back and relax.”.

What is kick back?

kick•back (ˈkɪkˌbæk) n. 1. a portion of an income or profit given to someone as payment for having made the income possible, esp. as in an underhand scheme involving the use of political or professional influence. 2. a sudden, uncontrolled movement, as of a machine.