The meaning of KICKBACK is a return of a part of a sum received often because of confidential agreement or coercion. How to use kickback in a sentence.

May 25, 2024 · A kickback is an illegal payment intended as compensation for favorable treatment or other improper services. Some kickbacks are governed and prohibited by federal law.

A kickback is a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered. Generally speaking, the remuneration (money, goods, or services handed over) is negotiated ahead of time.

KICKBACK definition: 1. an amount of money that is paid to someone illegally in exchange for secret help or work 2. an…. Learn more.

a percentage of income given to a person in a position of power or influence as payment for having made the income possible: usually considered improper or unethical. a rebate, usually …

Sep 4, 2024 · A kickback is any form of compensation given to someone as a reward for favorable treatment or services. This could be in the form of money, gifts, services, or anything else of value.

KICKBACK meaning: 1. an amount of money that is paid to someone illegally in exchange for secret help or work 2. an…. Learn more.

A "kickback" is a term used to refer to a misappropriation of funds that enriches a person of power or influence who uses the power or influence to make a different individual, organization, or company richer. Often, kickbacks result from a corrupt bidding scheme.

Kickback is a form of bribery where someone gives or receives something of value in exchange for an illicit or corrupt favor or service. This payment can be in cash, credits, goods, preferential allocation, or other valuable materials or services.

A kickback is when someone secretly gives or receives something, like money or gifts, in exchange for favors. These deals are sneaky and happen in many industries, from construction to healthcare. Kickbacks hurt businesses by increasing costs and undermining fair competition.