kickback


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  • noun

Synonyms for kickback

Words related to kickback

a commercial bribe paid by a seller to a purchasing agent in order to induce the agent to enter into the transaction

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References in periodicals archive ?
GLENDALE - Illegally paying kickbacks proved to be a costly error for Investors Title Co.
He was alleged to have received a huge kickback from contracts including those for strategic empowerment programme, a creation of matchmaking platform for MSMEs development and other enterprises support services.
It was reportedly Ponce who called him and informed him that Sabado allegedly demanded for and subsequently received kickback from the contractor and that Ponce reportedly became furious that Sabado kept the money for himself.
has reached an $115 million settlement with former sales representative Esther Grace Sullivan over claims the company paid improper kickbacks to doctors for promoting its iCast brand stent for use in the vascular system even though it was only federally approved for treating tracheobronchial obstructions.
Kickback is a significant safety concern for chainsaw operators.
He pleaded guilty to extortion and tax evasion last year, admitting that, as general manager of the Mountain Laurel mining complex, he had participated in and benefitted from several schemes where he and other Arch Coal employees were paid cash kickbacks from complicit Mountain Laurel vendors in exchange for the vendors' continued business at Mountain Laurel.
Prime Minister Joomart Otorbayev said during the government teleconference on September 2 that the Finance Ministry demands 10% kickback from funds allocated for purchase of coal.
Boski had originally pleaded guilty in 2009 to taking part in a kickback conspiracy to defraud the EPA at the Federal Creosote site in Manville--and to defraud Tierra Solutions Inc.
The SEC alleges that two GE subsidiaries - along with two other subsidiaries of public companies that have since been acquired by GE - made illegal kickback payments in the form of cash, computer equipment, medical supplies, and services to the Iraqi Health Ministry or the Iraqi Oil Ministry in order to obtain valuable contracts under the UN Oil for Food Programme.
alleges J&J paid the kickbacks from 1999 to 2004 in three different ways: by boosting rebates in exchange for programs that promoted drug prescriptions; paying for "data" which Omnicare never gave; and issuing kickbacks disguised as "grants" and "educational funding.
Department of Justice (DOJ) to pay $98 million to resolve allegations that the company engaged in several kickback schemes.
Naaman allegedly negotiated the contracts, including a 10 percent increase in the price to cover the kickback.
A former General Motors Corp executive, now said to be living in St Kitts & Nevis, has been indicted in what federal prosecutors said was a kickback scheme involving bulk aluminum sales that cost the automaker about US$80 million, reports Reuters (March 15, 2008):
In a split second, kickback can jerk the saw out of your hands or shoot the piece of wood that is being cut back toward you.
House Financial Services Committee Chairman Michael Oxley, R-Ohio, requested the report on January 24, following state and federal investigations into the kickback schemes in the industry.