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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


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.
References in periodicals archive ?
First, lobbying requires large, upfront investments in intangible assets, such as political connections, professional lobbyers, lawyers, and knowledge of political and legal procedures and channels.
In short, lobbying can induce further lobbying, and firms can become "habitual" lobbyers, who essentially supply lobbying inelastically.
Occasional lobbyers lobby in response to negative changes in firm performance and to reductions in competitiveness.
Chamber of Commerce, which led all lobbyers at $84.7 million.
Caption: Health sector well represented among top 10 lobbyers in 2015