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 ?
Other banknotes are in less demand among counterfeiters. Among them are 100-manat banknotes and 10-manat banknotes, which account for 11 percent and seven percent, respectively, of all counterfeit banknotes from 2006 to 2018.
He stated that his outfit has received lots of complaints about counterfeiters and has taken legal actions against them, but believes they can do more if the government is involved.
Despite the numerous arrests of the counterfeiters and their cohorts in the area, the Department of the Interior and Local Government (DILG) still directed the National Capital Region Police Office (NCRPO) to carry on with its relentless efforts until the last Recto counterfeiter is put behind bars.
The PNP-National Capital Region Police Office (NCRPO), the Department of the Interior and Local Government chief said, must maintain vigilance and proactivity in dealing with Recto counterfeiters as the DILG continues to receive information about forgery in shops along one of Manila's busiest streets.
In order to arrest the awkward trend of these counterfeiters, a federal government agency made a renewed commitment to eliminate substandard foods and drugs in the country.
Now experts fear that the country might be headed for a scenario where it will be under the control of counterfeiters by 2030, unless immediate measures are taken to wipe it out, or at least control it.Sometradersfear that counterfeiters increasing control willspill over to the political domain, and will enable them to dictate who holds certain positions in the government.
"The suit will send a clear and deterring message that in addition to criminal law, counterfeiters will also face civil lawsuits for significant amounts," the Bank of Israel said in a separate statement.
Los Angeles, CA, January 27, 2018 --(PR.com)-- Call It Pictures and Distribber/ GoDigital are proud to announce that Counterfeiters, written, produced, and directed by Bryce Hirschberg, produced and lensed by David Klassen, and starring Hirschberg, Rob McEveety, Shawn Rolph, and Taylor Lockwood, is now available on iTunes for pre-order.
That's enough to buoy a loyal customer base and, apparently, attract counterfeiters on the other side of the world.
Auto Business News-November 9, 2017--Harley-Davidson sues group of Chinese counterfeiters