Extortion definition

Extortion. Extortion means to directly or indirectly demand or accept a bribe, facilitating payment or kickback or other payment by threat of force, intimidation or exercise of authority.
Extortion means to obtain or attempt to obtain money, goods, services, or information from another by force or the threat of force.
Extortion means to directly or indirectly demand or accept a bribe, facilitation payment or kickback.

Examples of Extortion in a sentence

  • The Named Insured must obtain the Underwriters’ consent prior to incurring Cyber Extortion Loss.

  • Extortion occurs when threats are made with the intent to obtain money or something of value.

  • ID Theft and Extortion Insurance, with limits of at least $2 million per occurrence and in the aggregate.

  • Extortion may include threats of harm to a person or his/her property, threats to accuse him/her of a crime/illegal act, or threats to reveal embarrassing information.

  • With respect to Cyber Extortion Loss, the Named Insured must notify the Underwriters via the email address listed in the Notice of Claim, Loss or Circumstance in the Declarations as soon as practicable after discovery of an Extortion Threat but no later than 60 days after the end of the Policy Period.


More Definitions of Extortion

Extortion means an act committed by a person who:
Extortion as used in these rules, means acting with purpose to obtain any thing of benefit or value, or to compel, coerce, or induce another to violate a rule or commit any unlawful act.
Extortion or “Coercion” means the act of attempting to influence the process of procuring goods or services, selecting consultants, or executing contracts by means of threats of injury to person, property or reputation.
Extortion means a threat made solely and directly against the Insured by a person or group to:
Extortion means personal extortion as herein defined.
Extortion or “Coercion” means the act of attempting to influence the process of procuring Goods or services, selecting consultants, or executing contracts by means of threats of injury to person, property or reputation.
Extortion means to obtain unlawfully money, property, or any other thing of value, either tangible or intangible, through the use or threat of force, misuse of authority, threat of criminal prosecution, threat of destruction of reputation or social standing, or through other coercive means.