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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in classic literature ?
The savage was, however, far too jealous of a counterfeit to trust to the first appearance of sleep.
The work that KRA has so far done in combatting counterfeits and illicit trade, is aligned to the government's Big Four Agenda pillars, especially the manufacturing pillar, which echoes job creation.
In the case of convertible mark (KM) banknotes, there were 535 counterfeits registered last year, being 22.58% less compared to 2017.
At the gazetted border points, we use intelligence-based targeting and profiling tools to seize counterfeits.
The HP Customer Delivery Inspections are on-site examination of large or medium-sized deliveries of printing supplies which are suspected to contain counterfeits. The checks are conducted by HP anti-counterfeiting and fraud experts, upon the request of customers.
Abstract: There is a noticeable increase in new types of suspect counterfeit product as a result of increased awareness, training and improved procurement practices: increased awareness of counterfeit prevention programs and guidance from industry best practices, standards, networking and conferences, improved authentication and detection methodologies at company failure analysis (FA) laboratories and test houses, retesting of inventory and receiving-inspection tests that utilize revised approaches for identifying suspect counterfeits product.
He warns that the public has to be careful with money given them in the streets, because a huge quantity of Liberian dollars counterfeits was also confiscated recently.
Almost 60% of all counterfeits detected were 5000-ruble banknotes; compared with 2016, their number also contracted by 25% to 26,948 notes.
It's not rare for CPB officers to confiscate counterfeit merchandise: in 2016, officers confiscated some (http://www.cbp.gov/newsroom/stats/typical-day-fy2016) $3.8 million worth of such merchandise on an average day. In an effort to try and prevent more incidents, CPB launched a campaign June 2017 dubbed "The Truth Behind Counterfeits."
It continued: "There are factories that produce original materials during the day and counterfeits at night.
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."