KICKBACK


Meaning of KICKBACK in English

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.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.