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 ?
I want those in the future that might consider foisting these types of counterfeits on Americans to know that the penalty will be very harsh.
By staying educated on the latest anti-counterfeiting practices, electrical industry professionals can build confidence in their ability to properly avoid and report counterfeits, thus helping to keep themselves, employees and work environments protected in 2015.
On the other hand, to minimize the numbers of counterfeits that go into their operations or customers, buyers need to qualify suppliers and invest in additional staff as well as sophisticated equipment to inspect components.
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.
The counterfeits contain sibutramine, a controlled substance that is marketed as Meridia by Abbott Laboratories.
65) In addition, Baroness Linda Chalker, Chairman of Africa Matters, suggested the EAC develop and implement regionally based intellectual property laws "with harmonized penalties for manufacturing, importing or selling counterfeits" to further deter counterfeit trade.
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.
The increase in detected counterfeits was accompanied by an increase in the origins and types of counterfeit coins.
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.