Contract killing (also known as murder-for-hire) is a form of murder or assassination in which one party hires another party to kill a targeted person or people. [1] It involves an illegal agreement which includes some form of compensation, monetary or otherwise. [2]
A male contract killer is colloquially known as a hitman. [3]
Contract killings generally make up a small percentage of murders. For example, they accounted for about 6% of all murders in Scotland from 1993 to 2002. [4]
A study by the Australian Institute of Criminology of 162 contract murders and attempted contract murders in Australia between 1989 and 2002 indicated that the most common reason for murder-for-hire was insurance policy payouts. The study also found that payments varied from $5,000 to $30,000 per killing, with an average of $15,000, and that the most commonly used weapons were firearms. Contract killings accounted for 2% of murders in Australia during that period. [5]
Contract killers may share similarities with serial killers, such as detached financial and emotional incentives, but are not classified as such due to the differing objectives of their crimes. [6] [7] [8] Nevertheless, there are occasionally individuals that are labelled as both contract killers and serial killers. [8] [9] [10]