kickback
NounWordNet 3.0
Noun (1)
- a commercial bribe paid by a seller to a purchasing agent in order to induce the agent to enter into the transaction
Webster's Dictionary (GCIDE)
kickback \kick"back`\, n.
1.recoil, of a gun or machine, as in older automobile engines when started by turning a crank. [PJC]
2.A secret, and usually illegal, payment, by a recipient of money paid for goods or services, to a facilitator of the transaction, of a portion of that money; specifically, any portion of a gain made by the seller in a commercial transaction which is returned surreptitiously and illegally to a person (such as a purchasing agent) who authorized or recommended the purchase. It is generally considered a form of bribe. [PJC]