An illegal payment from one party to another, usually in return for a legal or financial favor. Bribes are often made to public officials or heads of other regulatory agencies in order to escape legal convictions or unfavorable rulings, or as an incentive for the payee to bend or overlook pertinent regulations that would otherwise restrict the payer.


Bribes and kickbacks of any kind are, obviously, nondeductible. Bribes that take the form of kickbacks to insurance or securities customers are known as rebating, and can result in disciplinary actions by the regulatory authorities.

  1. Kickback

    The payment of something of value to an individual with the goal ...
  2. Rebate

    1. In a short-sale transaction, the portion of interest or dividends ...
  3. Price Fixing

    Establishing the price of a product or service, rather than allowing ...
  4. Black Money

    Money earned through any illegal activity controlled by country ...
  5. Financial Action Task Force (FATF)

    An intergovernmental organization that designs and promotes policies ...
  6. Banker Trojan

    A malicious computer program designed to gain access to confidential ...
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