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- Dictionaryfraud/frôd/
noun
- 1. wrongful or criminal deception intended to result in financial or personal gain: "he was convicted of fraud" Similar
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The meaning of FRAUD is deceit, trickery; specifically : intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right. How to use fraud in a sentence. Synonym Discussion of Fraud.
Jun 2, 2024 · What Is Fraud? Fraud is an intentional act of deceit designed to reward the perpetrator or to deny the rights of a victim.
FRAUD definition: 1. the crime of getting money by deceiving people: 2. someone who deceives people by saying that…. Learn more.
Dec 1, 2014 · Fraud Defined and Explained with Examples. Fraud occurs when a person deliberately practices deception in order to gain something unlawfully or unfairly.
“Fraud” is any activity that relies on deception in order to achieve a gain. Fraud becomes a crime when it is a “knowing misrepresentation of the truth or concealment of a material fact to induce another to act to his or her detriment” (Black’s Law Dictionary).
The Act gives a statutory definition of the criminal offence of fraud, defining it in three classes—fraud by false representation, fraud by failing to disclose information, and fraud by abuse of position.
Fraud definition: deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage.. See examples of FRAUD used in a sentence.
Jul 10, 2024 · Fraud, in law, the deliberate misrepresentation of fact for the purpose of depriving someone of a valuable possession. Although fraud is sometimes a crime in itself, more often it is an element of crimes such as obtaining money by false pretense or by impersonation.
[countable] a person who pretends to have qualities, abilities, etc. that they do not really have in order to cheat other people. He's nothing but a liar and a fraud. She felt a fraud accepting their sympathy (= because she was not really sad). [countable] something that is not as good, useful, etc. as people claim it is. Word Origin.
FRAUD definition: 1. the crime of doing something illegal in order to get money: 2. someone who deceives people by…. Learn more.