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Kickback

   Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Kickback
A practice in which a person or business pays someone to find new clients or referrals, and pays that person a percentage of the increased transactions resulting from those referrals


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11 (ANI): Trouble for Pakistan President Asif Ali Zardari seems to be expanding with each passing day as he has now been accused of receiving millions of dollars in kickbacks during the purchase of three submarines from France in 1994.
There was a lot of discontent before - they were coming back covered in kickback and the same with the horses, and there has been a definite improvement from what I can gather.
Naaman allegedly negotiated the contracts, including a 10 percent increase in the price to cover the kickback.
 
 
 
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