Collusion
Collusion is a secret agreement between two or more persons to defraud another person of his or her right in order to achieve an unlawful objective.
Webster Dictionary Meaning
1. Collusion
- A secret agreement and cooperation for a fraudulent or
deceitful purpose; a playing into each other's hands; deceit; fraud;
cunning.- An agreement between two or more persons to defraud a person of his rights, by the forms of law, or to obtain an object forbidden by law.
Category: Banking & Finance
Previous: ← Clean-up merger
Next: Commercial Credit Risk →
More from this Section
- Cross Rate
In calculating a spot or future price between two currencies, reference to their respective ... - Transaction costs
Transaction costs are the time and money spent trying to exchange financial assets, goods, ... - Systems Analysts
These highly trained computer specialists work with officers and staff in all department ... - Tax Evasion
Tax Evasion is the purposeful avoidance of a genuine tax burden by a person or company. ... - International Financial Corporation (IFC)
In 1956 the International financial corporation (IFC) was established to promote private ...