Simple English definitions for legal terms
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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 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.
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.