Usually means: Trading power for personal gain.
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We found 9 dictionaries that define the word influence peddling:

General (9 matching dictionaries)
  1. influence peddling: Oxford Learner's Dictionaries
  2. influence peddling: American Heritage Dictionary of the English Language
  3. influence peddling: Collins English Dictionary
  4. influence-peddling: Wordnik
  5. influence peddling: Wiktionary
  6. influence peddling: Dictionary.com
  7. Influence peddling: Wikipedia, the Free Encyclopedia
  8. influence peddling: TheFreeDictionary.com

Definitions from Wiktionary (influence peddling)

noun:  A type of corruption in which people use their connections with governments to gain favors or preferential treatment for a third party, usually in return for money.

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