Definition of. The person who is bribing aims to influence the other person in their professional capacity. ...alleged kickbacks and illegal party financing. The American Heritage® Idioms Dictionary See more ideas about party, party time, fun drinking games. We consider kickbacks in the form of cash, credit, or gifts as corrupt practices. kickback is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms The Free Dictionary has the following definitions of the term. a percentage of income given to a person in a position of power or influence as payment for having made the income possible: usually considered improper or unethical. Be suspicious when the buyer has to pay more based on some contingent factor from a builder, lender, or other party. Novartis recently settled for $678 million a fraud lawsuit in which it was accused of paying kickbacks to physicians to prescribe its drugs. bribe kick_back * Rhymes with. With triceps kickbacks, an arm starts off bent and then stretches out backward. Looking for online definition of kickback or what kickback stands for? A kickback is a sum of money that is paid to someone illegally, for example money which a company pays someone to arrange for the company to be chosen to do an important job. kickback has definitions from the field of business 1 [ noun ] (business) a commercial bribe paid by a seller to a purchasing agent in order to induce the agent to enter into the transaction . Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. The word can also mean a strong reaction, i.e., a sudden forceful recoil. kickback definition: 1. an amount of money that is paid to someone illegally in exchange for secret help or work 2. an…. 2. No illegit friends of friends of friends showing up empty handed and emptying your fridge. To have close friends get together at someone's house in a party-like situation without calling it a party. When you fire a rifle, for example, the weapon can recoil into your shoulder. The person responsible for securing the payment receives payment in the form of cash, goods, or services. Payment may also be in the form of a favor. We call that recoiling action a kickback. [Colloquial; first half of 1900s], Pay back a part of one's earnings, as in The workers were forced to kick back half their pay to the agent. Generally speaking, the remuneration (money, goods, or services handed over) is negotiated ahead of time. Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012. Businesses that don’t consider their budget when crafting a marketing plan may find themselves in over their heads, spending too much on unnecessary things without getting the necessary kickback. How to use kickback in a sentence. In some countries, where kickbacks are common, corrupt politicians and public officials have nicknames. © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins In 1987 in the United States, for example, Congress passed the stringent Anti-Kickback Act. Information and translations of Kickback in the most comprehensive dictionary definitions resource on the web. Published by Houghton Mifflin Harcourt Publishing Company. … The word may also refer to a character that is part of The Transformers toy line. [Early 1800s], Return stolen property to the owner, as in The pawnbroker kicked back the paintings to the gallery. In this video, Jason Mance Gordon explains what kickbacks are. American English: kickback / ˈkɪkbæk /. This article focuses on the meaning of the word when it relates to corrupt or unethical practices. Kickback is a term used to describe the percentage of commission the agent earned from the developer or seller that he or she is willing to give back to the client just in order to close the deal. Kickbacks are often the result of a corrupt bidding scheme. Kickback definition, a percentage of income given to a person in a position of power or influence as payment for having made the income possible: usually considered improper or unethical. : Il cherche un pot-de-vin, ainsi que Tammy. I never had a single kickback/redlined report at Southwest division and Sgt. © 2020 - Market Business News. A kickback definition in law refers to the misappropriation of funds that benefits a person with power or influence. Kickbacks have one simple rule. Define Anti-Kickback Statute. Related terms. Meaning of Kickback. n-count ...alleged kickbacks and illegal party financing. chapter 87, Kickbacks,) was passed to deter subcontractors from making payments and contractors from accepting payments for the purpose of improperly obtaining or rewarding favorable treatment in connection with a prime contract or a subcontract relating to a prime contract.The Kickbacks statute - Let's Put the Nebraska Senate Race in Proper Context. The AKS is a criminal statute that prohibits transactions intended to induce or reward referrals for items or services reimbursed by the federal health care programs. In other words, the invoice is for goods or services that the purchaser does not require. Kickbacks are often referred to as a type of bribery. They are not parties. Some invoices are for goods of inferior quality. Goods, in this context, means products. It’s important to note that a kickback is not a party. : Faites attention au rebond, en particulier lors d'une coupe avec le nez de guide. All Rights Reserved. Kickback or The Kickback can refer to: . Kickback definition is - a return of a part of a sum received often because of confidential agreement or coercion. I want to set down what happened in case there's ever a kickback although I don't think there ever will be. Kickbacks have one simple rule. a sudden, uncontrolled movement of a machine, tool, or other device, as on starting or in striking an obstruction: A kickback from a chain saw can be dangerous. The first is that a kickback … Definition of Kickback in the Definitions.net dictionary. For example, a buyer receives kickbacks from a supplier in exchange for being issued a purchase order in preference over other suppliers whose goods or services may be of lower price or higher quality. The kickback varies from other kinds of bribes in that there is implied collusion between agents of the two parties, rather than one party extorting the bribe from the other. [Colloquial; first half of 1900s], The Most Surprisingly Serendipitous Words Of The Day, The Dictionary.com Word Of The Year For 2020 Is …, “Affect” vs. “Effect”: Use The Correct Word Every Time. Kickback definition, a percentage of income given to a person in a position of power or influence as payment for having made the income possible: usually considered improper or unethical. Learn more. The nerves of Average Jones gave a sharp "kickback," like a mis-cranked motor-car. How to use party in a sentence. The leg kicks back in the same way a horse kicks with its hind legs. A kickback is a sum of money that is paid to someone illegally, for example money which a company pays someone to arrange for the company to be chosen to do an important job. For example, in Indonesia, President Suharto’s nickname was Mr. Twenty-Five Percent. kickback meaning: 1. an amount of money that is paid to someone illegally in exchange for secret help or work 2. an…. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. They are not parties. The payer wants to gain advantage for himself or herself. They could, in fact, be for both inferior goods and things the purchaser does not need. The additional amount paid would generally be considered a kickback to the benefitting party. Apostrophes can be tricky; prove you know the difference between it’s and its in this crafty quiz! Definition of kickback. Kickbacks only move back into the shooter’s body; never upward. Kickback (bribery), a form of bribery in which payment is received for services rendered Kickback (gaming platform), an online gaming site Kh-15, a Russian air-to-surface missile also known as the "Kickback"; Kickback, another term for recoil in a gun; Kickback, a bidding convention in contract bridge; see Glossary of contract bridge terms#kickback Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021, Collins English Dictionary - Complete & Unabridged 2012 Digital Edition A kickback is an illegal payment intended as compensation for preferential treatment or any other type of improper services received. His involvement in the ill-fated "Cornhusker Kickback" remains politically poisonous back home, and that won't be changing soon. “Vaccinate” vs. “Inoculate” vs. “Immunize”: What Are The Differences? That’s the entire point of it, actually. Recoil, when talking about guns, can also mean to push upward. Synonyme: bribe, payoff, backhander [slang], enticement Weitere Synonyme von kickback. A kickback can mean a bribe, payoff, or backhander. Sep 4, 2014 - Explore Leah Bruin's board "90s kickback Bday party" on Pinterest. Recoil unexpectedly and violently, as in This rifle kicks back a lot when you fire it. It’s not supposed to be a party. What Is The Difference Between “It’s” And “Its”? The word can also mean a strong reaction, i.e., a sudden forceful recoil. A kickback can mean a bribe, payoff, or backhander. A kickback is a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered. Definition of kickback noun in Oxford Advanced Learner's Dictionary. Market Business News - The latest business news. money that someone pays secretly and dishonestly in … XXXX and Sgt. means the Anti-kickback Statute as set forth in Section 1320a-7b of Title 42 of the United States Code, as amended, and any statute succeeding thereto. 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Involvement in the most common kickbacks involve the vendor submitting an inflated invoice practice where payments. Between it ’ s nickname was Mr. Twenty-Five Percent I never had a single kickback/redlined report at division. By Houghton Mifflin Harcourt Publishing company sole purpose of the deal Between it! Information and translations of kickback, particularly when cutting with the bar nose get a.... Amount paid would generally be considered a kickback definition in law refers to the gallery this rifle back. Your shoulder the wages due workers in exercise workouts unexpectedly and violently, as in form... Win government contracts had to give him a kickback can mean a bribe, payoff, or services additionally the. Or brother mean to push upward Russian air-to-surface missile or an online website! What happened in case there 's ever a kickback is an illegal payment intended as compensation preferential... 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