- When you bid on a job and job is awarded to you and you have to pay someone $1000 because your received the award, this $1000 payment is an example of a kickback.
- When you shoot off a gun and the recoil sends you staggering backwards from the force, this is an example of a kickback.
The definition of a kickback is slang for a bribe or incentive paid to someone who helped you make money, or a sudden, forceful recoil.
- a sharp, violent reaction
- a giving back of a portion of money received as payment, often as a result of coercion or an illicit agreement
- the money so returned
- A sharp reaction; a repercussion.
- Slang A return of a percentage of a sum of money already received, typically as a result of pressure, coercion, or a secret agreement.
- (countable) A backward kick.
- (countable) A clandestine payment in return for a favor; especially an illegal one
- (uncountable, firearms, machinery) Recoil; a sudden backward motion, usually in the direction of the operator.
- (countable, machinery) An accident wherein an object being cut by a rotating blade or disk, such as a circular saw, is caught by the blade and thrown outward
- (oil industry) A dangerous buildup of gas pressure at the wellhead
- (countable, bowling) The board separating one bowling lane from another at the pit end
- (uncountable, bridge) In contract bridge, an ace asking convention initiated by the first step above four of the agreed trump suit.
- (pinball) A feature that saves the ball from draining and propels it back into play.
kickback - Investment & Finance Definition
An illegal, secret payment made by a company to a person or com-pany in exchange for awarding the first company a contract.
kickback - Legal Definition
A form of bribery in which a percentage of the revenues from a contract or other financial award is illicitly returned to the person awarding the contract or benefit.