Corruption is generally defined as the abuse of entrusted power for private gain. It can take many forms, including bribery, embezzlement, nepotism, and fraud. Corruption undermines the integrity of institutions, erodes public trust, and hampers economic development. It can occur in both public and private sectors, affecting various levels of governance and business practices. The World Bank and Transparency International are among the organizations that provide definitions and frameworks for understanding corruption, emphasizing its detrimental effects on society and the economy.