Definition, Meaning & Synonyms
kickback
noun
/ˈkɪk.bæk/
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Definition
A form of illegal payment made to a person in return for arranging a business deal.
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Examples
- After the deal was signed, the contractor received a hefty kickback from the supplier.
- The investigation revealed a network of kickbacks between the officials and several companies.
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Meaning
Kickback refers to a payment made to someone to influence their actions regarding a transaction. It usually involves a portion of the payment being returned to the person who facilitated or influenced the deal.
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Synonyms
- bribe
- payoff
- commission