Bribe/Bribery definition

Bribe/Bribery means directly or indirectly offering, soliciting, promising, giving or receiving any undue pecuniary or other advantage, whether directly or through intermediaries, to any person or entity, for any person or entity to act or refrain from acting in relation to the performance of their duties, or as a retrospective reward for any person or entity having acted or refrained from acting in relation to the performance of their duties, in order to obtain or retain business or any other advantage. It does not matter whether the person who solicits, or receives the advantage is the same person as the person who is to perform or refrain from performing or has performed or refrained from performing, the function or activity concerned.
Bribe/Bribery means the offering, promising, giving, receiving, soliciting or accepting of a financial or other advantage, or any other thing of value, with the intention of influencing or rewarding the behaviour of a Person in a position of trust to perform a public, commercial or legal function to obtain or retain a commercial advantage. Bribes are payments made in the form of money or anything of value in return for a business favour or advantage and includes not only direct payments, but also authorising or permitting a third party to commit any of the acts or take any part in the actions.
Bribe/Bribery means the giving, acceptance, solicitation or facilitation of a financial advantage to or by any person which (i) does or might induce, influence or reward the improper performance or non-performance of any activity or function in either the public or private sector, (ii) which in itself constitutes the improper performance of a relevant function or activity, or (iii) is intended to obtain or retain business or a business advantage.

More Definitions of Bribe/Bribery

Bribe/Bribery means offering, giving, soliciting, promising or receiving of any item of value as a means of influencing the actions of an individual holding a public or legal duty so as to gain a business or personal benefit or advantage. A thing of value may be a financial or other advantage, whether in cash or in-kind and may include giks and entertainment, forgiveness of a debt, loans, travel or hospitality, medical care, expenses, favours, business or employment opportunities (whether permanent or temporary), protection from any penalties or any proceedings of a penal or disciplinary nature, refraining from exercising any rights, powers or duties, sponsorships, political,
Bribe/Bribery means the offering, giving, receiving, or soliciting of something of value for the purpose of influencing the action of an official in the discharge of his or her public of legal duties;