Foreign Corrupt Practices Act

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Definition: Foreign Corrupt Practices Act


Foreign Corrupt Practices Act

Quick Summary of Foreign Corrupt Practices Act


Amendment added to the Securities and Exchange Act that made it illegal for U.S. companies or U.S. citizens to bribe public officials from foreign countries. This act covers a wide range of bribes including, but not limited to promises to pay, authorized payments, or transfers of anything considered to have value.




Synonyms For Foreign Corrupt Practices Act


FCPA


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Definition Sources


Definitions for Foreign Corrupt Practices Act are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.