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Definitions from WordNet

Definitions from the Web

Commercial Bribery

Description:

Commercial bribery refers to the illegal act of offering, giving, receiving, or soliciting something of value with the intention of influencing business decisions or gaining an unfair advantage in a commercial transaction. It involves corrupt practices such as bribes, kickbacks, or the exchange of gifts to manipulate business relationships and secure favorable treatment.

Sample Sentences:

1. The executive was arrested for engaging in commercial bribery to win lucrative contracts.
2. By practicing commercial bribery, the company's competitors gained an unfair advantage in the market.
3. The employee was terminated after being caught participating in commercial bribery schemes.
4. Legislation has been enacted to combat commercial bribery and promote fair business practices.

Related Products:

Explore related books and resources on commercial bribery:

• Commercial Bribery Laws: Legal Perspectives
• Business Ethics: Principles and Applications
• Corruption and Anti-Corruption: An Applied Philosophical Approach