lobby
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Lobbying
The business, act, or practice of attempting to influence legislation or policy. For example, a lobbyist may call a legislator and urge him/her to vote for a bill that, if passed, would favor the industry or interests of lobbyist's client. Lobbying can be a lucrative business. However, a variety of rules exist in many jurisdictions to guard against the possibility that it can degenerate into bribery.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
lobby
To work for or against the passage of legislation.Currently,the two strongest lobbies in the real estate industry are the National Association of REALTORS® and the American Bankers Association.They are squared off on opposite sites of legislation that would give financial institutions the right to offer real estate brokerage services.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.