Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

kickbacks

Read a random definition: contempt of Congress

A quick definition of kickbacks:

Kickbacks: A kickback is when someone in power or influence misuses their position to make someone else richer. This often happens when a contract is awarded to a company that didn't have the lowest bid, but the official still chooses them and gets a portion of the profits in return. This is a corrupt practice that is sometimes used by organized crime and is considered a type of bribery.

A more thorough explanation:

A kickback is a type of corruption where a person in power or influence misappropriates funds to enrich themselves or another individual, organization, or company. This is often done through a corrupt bidding scheme where the official awards a contract to a company that did not place the lowest bid. The company profits from the contract and pays the official a portion of the profits as a kickback.

Kickbacks are considered anti-competitive practices and can be traced back to organized crime. Some people also consider kickbacks to be a form of bribery.

  • An official awards a construction contract to a company that did not place the lowest bid. The company profits from the contract and pays the official a portion of the profits as a kickback.
  • A government official awards a contract to a company owned by their friend or family member, even though the company is not the most qualified or experienced for the job. The company profits from the contract and pays the official a portion of the profits as a kickback.

These examples illustrate how kickbacks can occur through corrupt bidding schemes and can result in a company profiting from a contract they may not have deserved. The official in power benefits from the kickback, which is a form of corruption.

key employee | kidnapping

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
LSD+ is ad-free, with DMs, discounts, case briefs & more.