How is Influence Peddling defined in a legal contract?
- Influence Peddling means the deliberate act of providing, offering or promising to any person, or yielding to any person who requests, at any time, either directly or indirectly, any offer, donation, gift, invitation, reward, or something of value, for themselves or for others, in order to misuse or having misused their real or perceived influence to secure any decisions or benefits that are not deserved from a Public Official. Seen in 8 SEC filings.
- Influence Peddling means an act, either committed directly or indirectly, that involves offering, providing or promising any contribution, gift, invitation, reward or valuable consideration to a person, or receiving any contribution, gift, invitation, reward or valuable consideration from any person, whether for their own benefit or for others, with the intention to misuse their real or anticipated influence or because such misuse has already happened, and to secure a favorable decision or unfair advantage from a public office holder. Seen in 2 SEC filings.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of influence peddling' yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Influence Peddling means any deliberate act of offering, receiving or promising valuable items, with intent to misuse real or anticipated influence, securing undeserved benefits or decisions.
Relevant Contract Type
Relevant Circumstances
- Negotiations involving third-party intermediaries
- Contracts involving public figures or officials
- Transactions involving exchange of goods or services
- Vendor-client relations
Relevant Sectors
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Influence Peddling means any deliberate act of offering, receiving or promising valuable items, with intent to misuse real or anticipated influence, securing undeserved benefits or decisions.
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