||The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. (December 2013)|
Graft, a form of political corruption, is the unscrupulous use of a politician's authority for personal gain. Most governmental systems have laws in place to prevent graft although this does not always halt political corruption.
A traditional example of political graft is when someone exchanges a political donation for political favor (e.g. ristournes in Quebec or tangenti in Italy). Grafting, however, does not require another individual to be involved. A member of a government may embezzle money directly from government funds, make decisions that benefit his own private economic interests, or simply use inside knowledge of upcoming government decisions to his benefit, in a manner similar to insider trading.
History of graft
United States of America
- Money trail - Money loop
- Political corruption
- Political finance
- Political patronage
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