corrupt practices act

American  

noun

1. any of several U.S. statutes for ensuring the purity of elections by forbidding the purchase of votes, restricting the amount and source of political contributions, limiting campaign expenditures, and requiring the submission of an itemized statement of such expenditures.

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Etymology

Origin of corrupt practices act

First recorded in 1880–85

Example Sentences

Piñate, a Venezuelan citizen, Smartmatic executive Jorge Vasquez and former executive Elie Moreno are each charged with one count of conspiracy to violate the Foreign Corrupt Practices Act, which forbids corporate bribery abroad.

From Los Angeles Times

Foreign Corrupt Practices Act through the actions of its agent, Clear Media Limited, which at the time was a Clear Channel majority-owned subsidiary in China.

From Reuters

He also faces a second trial in 2024 on other charges filed in a superseding indictment earlier this year, including conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act.

From Seattle Times

In March, new charges added to the indictment alleged that Bankman-Fried violated the anti-bribery provisions of the Foreign Corrupt Practices Act by directing the payment of $40 million in bribes to a Chinese official or officials to free up $1 billion in cryptocurrency that was frozen in early 2021.

From Seattle Times

His Foreign Corrupt Practices Act aimed to abolish bribery by multinational corporations.

From Seattle Times