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Bwahaha, no it doesn’t.

Legally ‘corruption’ doesn’t exist, as in there is no single law saying ‘corruption is illegal’. (What is ‘corruption’ exactly?)

There are laws against bribery, which does generally only apply to the government, but in many locations applies to pseudo-government roles like notaries, apostiloes, lawyers, etc.

There are laws against embezzlement (a type of corruption), and those definitely apply to private individuals.

There are laws against insider trading, a type of corruption. Those generally only apply to businesses/private folks, not the government, with some exceptions.

Then there is the various kinds of fraud, blackmail, etc. Most people would consider them corruption too. Those apply to private individuals and government agents too.

And many more. It’s a smorgasbord.

bit-anarchist 15 hours ago [ - ]

Brazillian law, for instance, defines the crimes of passive and active corruption:

  The Penal Code, in Article 317, defines the crime of passive corruption as "soliciting or receiving, for oneself or for others, directly or indirectly, even if outside the function or before assuming it, an undue advantage, or accepting a promise of such an advantage." [0]

  Active corruption, committed by an outsider, who offers or promises an undue advantage, is provided for in Article 333 of the Brazilian Penal Code. [1]

But, granted, revieweing US and UK law, it seems they don't define "corruption" as a crime (albeit some of the act names do mention corruption). So let's fallback onto the dictionary: [2]

  a: dishonest or illegal behavior especially by powerful people (such as government officials or police officers) : depravity

  b: inducement to wrong by improper or unlawful means (such as bribery)

  c: a departure from the original or from what is pure or correct

Both definition a and c are too ample and, as you put it, "a smorgasbord". Definition b, specially when combined with a, describes something pretty specific: inducement of a powerful agent to wrong by improper or unlawful means, such as bribes.

Embezzlement is better typified under theft. Same goes for most of the others: fraud is fraud, blackmail is blackmail. They may acquire a "corrupt" character when they are done in direct exchange of personal material gains. There are discussions about whether insider trading should be illegal.

Generally speaking, corruption is primarily a crime against public administration because it involves the government, which (supposedly) represents the people. Private companies represent themselves, so they get to (more) trivially decide who is on the line or not.

[0] https://en.wikipedia.org/wiki/Passive_corruption

[1] https://en.wikipedia.org/wiki/Active_corruption

[2] https://www.merriam-webster.com/dictionary/corruption

lazide 10 hours ago [ - ]

That is literally just a translation difference for bribery, a common issue for Brazilian Portuguese vs English.

[https://www.jusbrasil.com.br/topicos/10598684/artigo-317-do-...].

[https://www.britannica.com/topic/bribery]

bit-anarchist 4 minutes ago [ - ]

I'm not fond of Brittanica's definition of corruption [https://www.britannica.com/topic/bribery].

   Improper and usually unlawful conduct intended to secure a benefit for oneself or another.

It might as well describe any crime, similar to definition c from earlier. Even still, Britannica memtions gifts, which points to corruption being primarily connected to bribery:

  In societies with a culture of ritualized gift giving, the line between acceptable and unacceptable gifts is often hard to draw.

I suppose I agree with the lack of formal definition for corruption, but defining "corruption" as simply "evil" makes the word ontologically empty, but adding a corrupting element to it (bribe), makes it more defined.