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 ?
In this paper we present, in detail, all types of counterfeits, the defects present in them, and their detection methods.
The research indicates that combating the presence of counterfeits in the workplace isn't a priority.
And as dangerous as counterfeits can be for the buyer, they are just as harmful for businesses.
5 Impact of Counterfeits on Pharmaceutical Industry - Global Initiatives Against Counterfeiting in Pharmaceuticals
See INCB Press Release], supra note 23 (noting high percentage of counterfeits present in African nations in comparison to other developing nations).
Some of the higher-end stuff, purses and high-end counterfeits are passed off as legitimate, but the average person is going to know it's not the real thing.
However, since 1995, digitally produced counterfeit notes have increased from 1 percent of all counterfeits detected in the United States to 40 percent.
Esther Cruz, a wide-eyed woman from Colombia comes to New York to visit relatives every year, and always makes a pit stop at Chinatown to buy the counterfeits.
Resellers lose because they must compete with these illegal products and are often called upon by the customers to correct problems caused by these counterfeits.
Contextualizing the play's representation of counterfeits within a discussion of the relationship between real and counterfeit money in the early modern period, I argue that the play registers and addresses economic pressures.
For example, Colombian counterfeits are almost exclusively made on old-fashioned offset printing presses but are nonetheless some of the highest-quality forgeries in the world.