Bribery
Definition
The offer, giving, receipt or solicitation of an undue advantage to influence the action of a public official or private agent.
Related terms
- Patronage Network
- A structured exchange of favours, appointments or resources for political loyalty or support, operating alongside or instead of formal rules.
- Prevention of Corruption Act, 1988
- India's primary anti-corruption statute, amended in 2018 to criminalise bribe giving as a standalone offence and to redefine criminal misconduct.
- Principal-Agent-Client Problem
- A model in which an agent, entrusted by a principal to act on its behalf, instead serves a client's interest in exchange...
- State Capture
- A form of grand corruption in which private interests systematically shape state laws, regulations and policies to serve their own ends, rather...
- United Nations Convention Against Corruption (UNCAC)
- The main international anti-corruption treaty, adopted in 2003 and in force since 2005, covering prevention, criminalisation, international cooperation and asset recovery.