In relation to transnational crimes, commissions and payoffs are forms of potentially corrupt activities that involve the giving, offering, receiving, or soliciting of bribes or inducements, most often in the context of international business transactions, especially in relation to the granting of contracts or permissions to trade. These transactions usually occur between companies (private bribery) and/or between companies and public officials (public corruption), but individuals may also be convicted without corporations being charged, even in those countries that have corporate criminal liability on their statutes. [Source: Encyclopedia of Transnational Crime & Justice; Commissions and Payoffs]
commissions and payoffs
concepts
corruption