What does commercial bribery mean?
Definitions for commercial bribery
com·mer·cial bribe·ry
This dictionary definitions page includes all the possible meanings, example usage and translations of the word commercial bribery.
Princeton's WordNet
commercial briberynoun
bribery of a purchasing agent in order to induce the agent to enter into a transaction
Wikipedia
Commercial bribery
Commercial bribery is a form of bribery which involves corrupt dealing with the agents or employees of potential buyers to secure an advantage over business competitors. It is a form of corruption which does not necessarily involve government personnel or facilities. One common type of commercial bribery is the kickback. For example, a seller of goods or services from "Company A" who offers the purchasing manager of "Company B" a payment to his own account to help him secure a contract for Company B's continued business is engaging in a form of commercial bribery. Other related offenses are payola in the entertainment industry, match fixing in sports, corruption of labor union officials, and bid rigging in non-governmental contracts.
ChatGPT
commercial bribery
Commercial bribery is the illicit practice of offering, giving, receiving, or soliciting something of value with the intent to influence the actions or decisions of the person in a position of power or influence, typically in a business setting. This act is illegal and unethical, and it can occur between businesses, employees, or government officials. The purpose of commercial bribery is often to gain an unfair advantage in business transactions.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of commercial bribery in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of commercial bribery in Pythagorean Numerology is: 9
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"commercial bribery." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/commercial+bribery>.
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