grease payment


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grease payment

A sum of money, typically a bribe, paid to a government official or business person so as to facilitate or expedite some decision or transaction. Just offer the governor's aide a grease payment to move our building application to the forefront of the governor's agenda.
See also: grease, payment
References in periodicals archive ?
Paying the additional charge is considered a grease payment and is permitted under the law.
For example, employees responsible for making legal grease payments should get extra training in this specific part of the FCPA.
Our finding that 93 percent of respondents' jobs would be easier or unaffected if facilitation payments were banned confirms the growing recognition worldwide that what grease payments tend to facilitate is more demands, and, in many cases, they make doing business even more difficult.