Counterfeit(redirected from conterfit)
Also found in: Dictionary, Legal.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved