Lubrication fee (axle grease; bribe, slush fund, kickback)
In stagecoach times, an amount included in the tax for the procurement of lubricating grease for the purpose of coating the parts of the wheels moving against each other in sliding contact. This served as protection against abrasion, but above all also to avoid the very annoying squealing sounds of the old coaches. – Payments to bribe (in English jokingly also moneypulating) persons, usually officials in authorities, sometimes also called Draufgeld and Schmieralien. – Offering corresponding benefits – including non-monetary ones, such as a nice visit from the student’s girlfriend to the professor before the exam – is prosecuted as active bribery. Receiving corresponding benefits is considered passive bribery. This is also called malversation in older documents and is likewise a criminal offense, the prosecution of which occurs ex officio. – See enticement money, recognition bonus, bribe, douceur, draufgeld, secret money, money-paying gesture, gratuist, hand money, glove money, investment, personal, cashier, black, button cutter, peep, préstamo, reimbursement, hush money, supplication money, transaction bonus, boot money, tip money, embezzlement, vocation money, wagon master money, election money.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/
