Fraud

Fraud

A deliberate deception to secure unfair or unlawful gain. False representation intended to deceive relied on by another to that person's injury. Fraud includes fraudulent financial reporting undertaken to render financial statements misleading, sometimes called management fraud, and misappropriation of assets, sometimes called defalcations.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Accounting
Category: Auditing
Company: AIS
Product:
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