MLchartDataset catalogue

Secret rebate

Term · Law · MLC-T-LAW-004417

An undisclosed discount or refund given by a seller to a buyer, often in violation of fair trade practices or anti-discrimination laws. These rebates can distort competition by giving preferential treatment to certain buyers over others. The Robinson-Patman Act in the United States prohibits certain forms of secret rebates.

Table 1. Record
IdentifierMLC-T-LAW-004417
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004417",
  "term": "Secret rebate",
  "field": "Law",
  "definition": "An undisclosed discount or refund given by a seller to a buyer, often in violation of fair trade practices or anti-discrimination laws. These rebates can distort competition by giving preferential treatment to certain buyers over others. The Robinson-Patman Act in the United States prohibits certain forms of secret rebates.",
  "url": "https://mlchart.com/terminology/law/secret-rebate/"
}

Record 4,484 of 5,441 in Law terminology (MLC-0107). Request the full dataset.