Kickback
🏠 Real Estate
Quick Definition
A kickback is an illicit payment made to someone in return for facilitating a transaction or appointment, often seen as a form of bribery.
Examples
- 1A contractor pays a kickback to a government official to secure a lucrative public infrastructure project.
- 2A real estate agent receives a kickback from a home inspector for referring homeowners who need inspections.
- 3A company executive receives a kickback from a supplier in exchange for exclusive procurement contracts.
- 4An employee at a car dealership gets a kickback for referring customers to a specific loan provider.
Tags
kickbackbriberycorruptionreal-estateethicslegal
Quick Info
Category:Real Estate
Difficulty:intermediate
Last Updated:6/19/2025