Business Pitch Dictionary by pitch.dog
Regulatory, ethics & conduct compliance · Working

Facilitation payment

Also called: grease payment

ELI5

A small unofficial payment to expedite routine action, prohibited under many regimes and policies.

Used in conversation

“The draft mentions facilitation payment, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Facilitation payment” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches regulatory, ethics & conduct compliance.

Why it matters: In regulatory, ethics & conduct compliance, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.