Fraudulent Expenditure
/ˈfrɔːdʒələnt ɪksˈpɛndɪtʃər/
Definitions
- (n.) An unauthorized or deceitful disbursement of funds typically involving intentional misrepresentation or concealment to cause financial loss.
The company uncovered fraudulent expenditure that inflated the reported expenses.
Forms
- fraudulent expenditure
Related terms
See also
Commentary
This term is often used in financial and corporate law contexts to denote spending that is intentionally illegal or deceptive, triggering potential civil or criminal liability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.