Facilitating payments to foreign officials in order to expedite or secure the performance of a routine governmental action is known as a ______.

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Facilitating payments or "grease payments" are small payments made to foreign officials to expedite or secure the performance of routine governmental actions such as obtaining permits, licenses, or processing government papers. While these payments are illegal under the Foreign Corrupt Practices Act (FCPA), they are often permitted under local laws in some countries. However, they are different from bribes or unlawful payments made to gain an unfair advantage or influence a public official's actions. Recordkeeping provisions are requirements under the FCPA to keep accurate and detailed records of all transactions and expenses related to international business dealings.

Facilitating Payments to Foreign Officials in Order to Expedite or Secure