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kickback | kickback \kick"back`\, n. 1. recoil, of a gun or machine, as in older automobile engines when started by turning a crank. [PJC] 2. A secret, and usually illegal, payment, by a recipient of money paid for goods or services, to a facilitator of the transaction, of a portion of that money; specifically, any portion of a gain made by the seller in a commercial transaction which is returned surreptitiously and illegally to a person (such as a purchasing agent) who authorized or recommended the purchase. It is generally considered a form of bribe. [PJC] |
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