A voluntary payment offered, usually surreptitiously, in expectation of a special favor. While offering a bribe is not always illegal, accepting one is unethical or frequently illegal.
Under the Bribery Act 2010, bribery refers to the offering, giving, receiving, or soliciting of any 'financial or other advantage' to induce or reward the improper performance of a public function or business activity.
The Foreign Corrupt Practices Act (FCPA) is a United States legislation enacted in 1977 designed to prevent bribery and corruption by U.S. companies in their overseas operations. A 1998 amendment extended its scope to include actions by foreign citizens and companies while on U.S. territory.
Graft involves the fraudulent obtaining of public money through the corruption of public officials, often entailing the use of money as a payoff or the dishonest advantage one person gains over another due to their position, influence, or trust.
Hush money refers to cash given to assure the silence of the receiver, often in a manner akin to a bribe. It is typically used to keep certain information confidential, preventing it from becoming public knowledge.
A colloquial term for an illegal payment made to secure favorable treatment in the award of a contract.
