Graft refers to the illegal or unethical acquisition of money or advantages through corrupt practices, often by those in positions of power. It typically involves bribery, where officials accept payments or favors in exchange for preferential treatment or services. This undermines public trust and can lead to significant economic and social consequences. In many cases, graft is associated with government officials, but it can also occur in private sectors and organizations. The impact of graft can hinder development, distort markets, and perpetuate inequality, making it a critical issue in discussions about corruption and good governance.