Die Heuning Pot Literature Guide
© 2014 Shmoop University, Inc. All rights reserved.
 

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Kickbacks

Definition:

It's a flying butterfly karate move on a karate mat but on Wall Street and in corporate America, it's illegal. Specifically, a kickback is when a buyer who is supposed to be buying on behalf of the best interests of her company, gets money "under the table" or privately (think: briefcase full of cash exchanged on a wharf at midnight) in return for placing a big buy order with the seller.

Advertisement
back to top