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Counterfeit
(redirected from Counterfeit goods)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Counterfeit
Describing anything fake. In the context of finance, the term is usually used to describe money minted or printed by any person or institution not duly authorized to do so. While counterfeit money is not legal tender, its proliferation may debase the value of money if it is not readily identifiable as fake.


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Riyadh, October 07, SPA --Saudi Customs foiled during the past three months the smuggling of counterfeit goods amounted to1,600,000 items .
The agency seized pounds 1,646,173 of counterfeit goods coming into the country in just four months from April 1 to July 31.
OVER 1,000 counterfeit goods were seized this weekend in a crackdown on market traders and car booters.
 
 
 
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