Counterfeit

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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.
References in periodicals archive ?
Even though the extent of counterfeiting and its harmful consequences are more concentrated in developing and poor countries, it is not exclusive to them.
Anti-counterfeit Packaging (Food and Beverages) Market - Anti-counterfeit measures are taken from the manufacturer's end to minimize the tangible and intangible losses incurred from counterfeiting.
525, 537-38 (2006) (recognizing high pricing ratios results in counterfeiting patented drugs instead of generic drugs).
Those involved in counterfeiting are not loveable rogue 'Del Boy' characters, but are often connected with other criminal behaviour.
Secret Service, which investigates all counterfeiting cases, believes Candelo is part of a counterfeiting ring responsible for bringing millions of dollars of funny money into Los Angeles from Colombia.
Although consumers should not use color to check the authenticity of their currency (relying instead on user-friendly security features), color does add complexity to the note, making counterfeiting more difficult.
Companies that buy products using a low-bid process are particularly susceptible to counterfeiting.
Counterfeiting, then, mimics and reproduces a discrepancy that money itself generates.
In part, the low cost of making counterfeit money has enabled the rise of large-scale counterfeiting.
Software piracy, the theft of software through illegal copying of genuine programs or through counterfeiting and distribution of imitation software products, is a growing worldwide problem.
These organizations also take advantage of contacts within the various credit bureaus to obtain legitimate bank card account information for counterfeiting or telephone order purchasing.
The potential of desktop counterfeiting has guided the design, materials, and production decisions of the next generation of U.