My Understanding

Cheesy Corporate Lingo CheesyCorporateLingo.com 05 March 2012

 

(1). A term often used by lawyers to cover themselves when in reality, they have no idea what they are talking about.

 

My understanding was that we could pay those customs officials “bonuses” and not expose ourselves to any liability.  Who knew there was a Foreign Corrupt Practices Act?”

 

Props to Jared P. for the submission.