grease payment

grease payment
A bribe or extorted money, usually relatively small in amount, provided to a low-level government official or business person, in order to expedite a business decision, shipment, or other transaction, especially in a country where such payments are not unusual.

Critics say there is no distinction between extortion and bribery, and that the distinction between a payoff (illegal) and a "grease" payment made to speed along normal duties (legal under the act) is unclear.


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  • grease payment — /ˈgris peɪmənt/ (say grees paymuhnt) noun Colloquial a facilitation payment …  

  • grease — I (New American Roget s College Thesaurus) n. oil, fat; graphite; suet, lard, tallow. v. lubricate; anoint; slang, flattery, bribe. See smoothness, payment. II (Roget s IV) n. Syn. oil, wax, fat, lubricant, salve, Vaseline (trademark), unguent,… …   English dictionary for students

  • Payment — (Roget s Thesaurus) < N PARAG:Payment >N GRP: N 1 Sgm: N 1 payment payment defrayment Sgm: N 1 discharge discharge Sgm: N 1 acquittance acquittance quittance Sgm: N 1 settlement settlement clearance liquidation …   English dictionary for students

  • payment — I (New American Roget s College Thesaurus) Act of paying Nouns 1. payment, defrayment; discharge, remission; acquittance, quittance; settlement, clearance, liquidation, satisfaction, reckoning, arrangement, restitution, repayment, reimbursement;… …   English dictionary for students

  • grease (to) —  Make happen by the payment of a bribe …   American business jargon

  • Facilitating payment — A facilitating payment is a certain type of payment to foreign officials which is not considered to be bribery according to legislations of some states as well as in the international anti bribery conventions, e.g., coming from the OECD.… …   Wikipedia

  • lubrication payment — noun A bribe or extorted money, usually relatively small in amount, provided to a low level government official or business person, in order to expedite a business decision, shipment, or other transaction, especially in a country where such… …   Wiktionary

  • baksheesh — 1. noun /bækˈʃiːʃ/ In the Middle East and southwest Asia, a bribe or tip paid to speed up services. the complex Oriental etiquette which under the name of baksheesh calls for lavish remuneration and bribes, rudely demanded but ever so graciously… …   Wiktionary

  • Bribery — Political corruption Corruption Perceptions Index, 2010 …   Wikipedia

  • Foreign Corrupt Practices Act — The Foreign Corrupt Practices Act of 1977 (15 U.S.C. §§ 78dd 1, et seq.) is a United States federal law known primarily for two of its main provisions, one that addresses accounting transparency requirements under the Securities Exchange Act of… …   Wikipedia

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