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Home > QFINANCE Dictionary > Definition of fraud

Definition of

fraud

Fraud

dishonest methods used for personal benefit the use of dishonesty, deception, or false representation in order to gain a material advantage or to injure the interests of others. Types of fraud include false accounting, theft, third party or investment fraud, employee collusion, and computer fraud.

Related definitions of "fraud"

Definitions of ’fraud’ and meaning of ’fraud’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’fraud’ and other financial terms with our online QFINANCE Financial Dictionary.

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