Published: 07 Dec 2022 › Updated: 07 Dec 2022

LeoGlossary: Bribery
Illegally paying a party in return for a financial or legal favor. Bribes are often given to public officials in a bid to escape legal convictions, or as incentive to overlook inhibiting legislation. Committing bribery is typically punishable with serious punitive action from regulatory officials.
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