Retrocession
The JC’s Reg and Leg resource™
UK Edition {{{2}}}
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retrocession
/ˈrɛtrəʊˈsɛʃən/ (n.)
(euphemism)A kickback. A fee or commission “rebate”; a fashionable way of giving backhanders. Depending on your political disposition “part of the normal operation of a well-functioning market” or “institutionalised corruption and yet one more way that Wall Street parasites feed off the blood, sweat and tears of the common working stooge”.