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Definitions from WordNet

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Kickbacks

Definition: Kickbacks refer to a form of bribery or illegal payment made to someone in a position of power or authority, typically in exchange for favorable treatment or business opportunities.

Examples:

• The corrupt politician was arrested for accepting kickbacks from construction companies in return for awarding them lucrative government contracts.
• The company's CEO was involved in a kickback scheme, receiving a percentage of every contract he awarded to a particular supplier.
• The whistleblower exposed a network of kickbacks within the healthcare system, revealing how doctors were receiving money from pharmaceutical companies for prescribing their drugs.

Related Products on Amazon:

• Anti-Corruption Books
• Ethics in Business

Definition: Kickbacks can also refer to a portion of money or benefits received as a return for a referred business or customer.

Examples:

• The real estate agent offered a kickback to anyone who referred a client that eventually bought a property through them.
• As a thank you for bringing in new customers, the online retailer provided kickbacks in the form of discounts or store credits to the referring individuals.
• The travel agency had a referral program, where people who recommended their services received a kickback of 10% of the total booking amount.

Related Products on Amazon:

• Customer Referral Books
• Marketing Strategies