|
|
| | | | Facilitating Payment | A financial payment that may constitute a bribe and that is made with the intention of expediting an administrative process. A facilitating payment is a payment made to a public or government official that acts as incentive for the official to complete some action or process expeditiously, to the benefit of the party making the payment. In general, a facilitating payment is made to smooth the progress of a service to which the payer is legally entitled, without making such a payment. In some countries, these payments are considered normal, whereas in other countries, facilitating payments are prohibited by law and considered bribes. Also called facilitation payments. | | Investopedia Says: | Generally, facilitating payments are demanded by low-level, low-income officials in exchange for providing a service...Learn more | | | | | | | | | | | | | | Money And Politics | The marriage of money with politics in the U.S. traces back to the colonial days. In 1759, George Washington employed rum punch, money... | | | | | | | |
|
|
|
|
No comments:
Post a Comment