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English definition of “payola”

payola

noun [C or U]     /peɪˈəʊlə/ informal
a secret payment to someone for doing something illegal in business or politics , or the act of making such payments : parliamentary payola Many organizations now have guidelines about payola, intended to prevent an employee from accepting gifts that might compromise his or her independence .
(Definition of payola noun from the Cambridge Business English Dictionary © Cambridge University Press)
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