Scheme
/skiːm/
Definitions
- (n.) A systematic plan or arrangement for attaining a particular goal, especially in legal or financial contexts.
The company launched a new retirement savings scheme for its employees.
- (n.) A secret or devious plan, often intended to deceive or cheat.
The fraudsters devised a scheme to launder money through offshore accounts.
Forms
- schemes
- schemed
- scheming
Related terms
Commentary
In legal drafting, clarity in defining the purpose of a scheme is crucial to avoid ambiguity between legitimate organized plans and illicit conspiracies.
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.