Bribery
Definition
An exchange in which a client offers, and an agent accepts, an undue advantage in return for a decision that departs from the rules the agent is supposed to apply.
Related terms
- Patronage Network
- An organised system in which political or bureaucratic loyalty is exchanged for jobs, contracts, licences or protection, running through a party or...
- Prevention of Corruption Act, 1988
- India's core anti-corruption statute, criminalising a public servant accepting an undue advantage and criminal misconduct such as holding disproportionate assets, amended in...
- 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 situation in which private firms or individuals systematically shape a state's laws, regulations and appointments to serve a narrow private interest...
- Grand vs Petty Corruption
- A scale-based split: petty corruption is small everyday payments to lower-level officials for services citizens are already entitled to, while grand corruption...
- UNCAC
- The United Nations Convention Against Corruption, adopted in 2003. Chapter V establishes the first binding international framework for asset recovery, requiring signatories...
- 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.
- Whistleblower Protection
- A guarantee against retaliation for an insider who reports a corrupt arrangement, often the deciding factor in whether direct evidence of corruption...
Explained in these topics
- Corruption and the Abuse of Public PowerThe offer, giving, receipt or solicitation of an undue advantage to influence the action of a public official or private agent.
- Corruption as a Modern Crime (Unit I)