kickback
n.
strong reaction, repercussion; recoil, sudden backwards jump; bribe, payment given to someone as a reward for making something possible
Kickback
kickback
Noun
1. a commercial bribe paid by a seller to a purchasing agent in order to induce the agent to enter into the transaction
(hypernym) bribe, payoff
(derivation) kick back
Kickback
Used in the context of
finance. Refers to the practice whereby
dealers are compensated and paid by sales finance companies for discounting installment purchase paper. Used in the context of
contracts to refer to secret payments that are made to insure that the
contract goes to a specific firm. Illegal.
Kickback
a bribe or illegal payment offered to an organisational buyer in order to obtain the business; commonly, the kickback is a percentage of the salesperson's commission on the sale or an item of merchandise.