Gifts and entertainment definition

Gifts and entertainment means anything of value, e.g. discounts, loans, favorable terms on any product or service, services, prizes, transportation, use of another company’s vehicles, use of vacation facilities, home improvements, tickets, and gift certificates.
Gifts and entertainment means anything of value, e.g. discounts, loans, favourable terms on any product or service, services, prizes, transportation, use of another company’s vehicles, use of vacation facilities, stocks or other securities, participation in stock offerings, home improvements, tickets, and gift certificates.
Gifts and entertainment means anything of value that is offered by any Company personnel to a third party, that party’s relatives, friends and close associates, or which might be offered by a third party to any Company personnel, their relatives, friends or close associates. By way of example, gifts and entertainment include, amongst others:

Examples of Gifts and entertainment in a sentence

  • Gifts and entertainment provided will be monitored through the periodic review of expense reports.

  • Gifts and entertainment, however, should not compromise, or appear to compromise, your ability to make objective and fair business decisions.

  • Gifts and entertainment can take many forms, including but not limited to: goods or services for which employees are not required to pay the retail or usual and customary cost; meals or refreshments; tickets to entertainment or sporting events; the use of a residence, vacation home or other accommodation; travel expenses; or charitable contributions or organization sponsorships.

  • Gifts and entertainment should further the business interests of the Company and not be construed as potentially influencing business judgment or creating an obligation.

  • Gifts and entertainment must be reasonable in terms of frequency and value.

  • Gifts and entertainment must not be excessive in value, in cash, susceptible of being construed as a bribe or kickback, or in violation of any laws.

  • Note: Gifts and entertainment may not be offered or exchanged under any circumstances to or with any employees of the U.S. government or state or local governments.

  • Gifts and entertainment, both to and from outside entities, raise many questions.

  • Gifts and entertainment should not involve activities, products, or venues which could be considered embarrassing or in “bad taste.” Any gift or entertainment you accept or offer must be reasonable in cost, quantity, and frequency.

  • Gifts and Entertainment5.7 Gifts and entertainment are not needed in order to conduct business with the FIA and are highly discouraged.


More Definitions of Gifts and entertainment

Gifts and entertainment means anything of value, e.g. discounts, loans, favorable terms on any product or service, services, prizes, transportation, use of another company’s
Gifts and entertainment means anything of value, including discounts, loans, cash, favorable terms on any product or service, services, prizes, transportation, use of another company's vehicles or vacation facilities, stocks or other securities, participation in stock offerings, home improvements, tickets, and gift certificates. The potential list is endless - these are just examples.

Related to Gifts and entertainment

  • Meals means, for a mixed beverage license, an assortment of foods commonly ordered in bona

  • Business enterprise means a firm, sole proprietorship, partnership, association, corporation, company, or other business entity of any kind including, but not limited to, a limited liability corporation, incorporated professional association, joint venture, estate, or trust.

  • Small Business Enterprise means, as MCC 2-92-670 may be updated from time to time, a small business as defined by the U.S. Small Business Administration, pursuant to the business size standards found in 13 C.F.R. Part 121, relevant to the scope(s) of work the firm seeks to perform on city contracts. A firm is not an eligible small business enterprise in any city fiscal year in which its gross receipts, averaged over the firm's previous five fiscal years, exceed the size standards of 13 C.F.R. Part 121.

  • Tuition means the total amount of money charged for the cost of a qualifying student to attend an independent school including, but not limited to, fees for attending the school and school-related transportation.

  • Promotion means a change from an employee's position to one with a higher maximum salary level.