baksheesh, grease money, lubrication payment
grease payment (plural grease payments) (chiefly US, idiomatic, business, law, ethics) A bribe or extorted money, usually relatively small in amount, provided to a low-level government official or business person, in order to expedite a business decision, shipment, or other transaction, especially in a country where such payments are not unusual. 1981, Peter Grier, "US curb on overseas bribes: too prim, or simply proper?," Christian Science Monitor, 28 Jul. (retrieved 9 Apr. 2009): Critics say there is no distinction between extortion and bribery, and that the distinction between a payoff (illegal) and a "grease" payment made to speed along normal duties (legal under the act) is unclear. 2007, Mike Rast, "Webinar Prepares Local Companies for Cultural Gaps with India, China," globalatlanta.com, 30 Oct. (retrieved 9 Apr. 2009): An important legal distinction is the difference between bribery and “grease payments,” which are paid in these countries not to affect someone’s decision-making but to speed the process of dealing with government.
See a mistake? Help us improve the quality of the definitions. It's fast and easy - simply click the edit icons and follow the prompts. Thank you for your help!
Visitors are welcome to help us expand the meaning of grease payment. Fill in the form below to add your definition, example or comment.
Prove you are not a machineEnter the code
Other words similar to grease payment can be found below:
Thank you for visiting international-dictionary.com, a free online dictionary with over 200,000 definitions of words and phrases. You are visitor 110 on this page. Please help us expand the meaning of grease payment by providing an alternate definition or example above. Please add comments to help us improve the site. There are 2 Categories for this word. This is word 101644 in our dictionary.