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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"
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.
“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).
Fraud can be defined as either a civil wrong or a criminal act. For civil fraud, a government agency or person or entity harmed by fraud may bring litigation to stop the fraud, seek monetary damages, or both.
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. Some of the most common types of fraud involve the insurance...
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 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.
In criminal law, fraud usually takes very specific forms, such as bankruptcy fraud, credit card fraud, or healthcare fraud. California law, for example, also recognizes distinct crimes for check fraud, access card fraud, insurance fraud, and making false financial statements.
A fraud is a something that deceives or tricks another person, usually to get their money. Frauds are dishonest. A fraud is something that sounds too good to be true — because it isn't. If you're promised millions of dollars by anyone on the Internet, that's got to be a fraud.
noun. /frɔːd/. /frɔːd/. [uncountable, countable] the crime of cheating somebody in order to get money or goods illegally. She was charged with credit card fraud. It was said that the property had been obtained by fraud. He helped prevent a $100 million fraud.
