Synonyms containing counterfeit money

We've found 5,911 synonyms:

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— Editors Contribution

Counterfeit

Counterfeit

To counterfeit means to imitate something. Counterfeit products are fake replicas of the real product. Counterfeit products are often produced with the intent to take advantage of the superior value of the imitated product. The word counterfeit frequently describes both the forgeries of currency and documents, as well as the imitations of works of art, toys, clothing, software, pharmaceuticals, watches, electronics, handbags and shoes. Counterfeit products have a fake company logos and brands. In the case of goods, it results in patent infringement or trademark infringement. Illegal drugs may also be counterfeit, e.g. by passing off baking soda as cocaine, a scam which relies on the naivete of the buyer. Counterfeit consumer products have a reputation for being low quality. The counterfeiting of money is usually attacked aggressively by governments. The counterfeiting of goods is condoned by some governments. Counterfeit money is the most popular product counterfeited.

— Freebase

Counterfeit money

Counterfeit money

Counterfeit money is imitation currency produced without the legal sanction of the state or government. Producing or using counterfeit money is a form of fraud or forgery. Counterfeiting is almost as old as money itself. Plated copies (known as Fourrées) have been found of Lydian coins which are thought to be among the first western coins. Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. A form of counterfeiting is the production of documents by legitimate printers in response to fraudulent instructions. During World War II, the Nazis forged British pounds and American dollars. Today some of the finest counterfeit banknotes are called Superdollars because of their high quality and likeness to the real US dollar. There has been significant counterfeiting of Euro banknotes and coins since the launch of the currency in 2002, but considerably less than for the US dollar.Some of the ill-effects that counterfeit money has on society include a reduction in the value of real money; and increase in prices (inflation) due to more money getting circulated in the economy - an unauthorized artificial increase in the money supply; a decrease in the acceptability of paper money; and losses, when traders are not reimbursed for counterfeit money detected by banks, even if it is confiscated. Traditionally, anti-counterfeiting measures involved including fine detail with raised intaglio printing on bills which allows non-experts to easily spot forgeries. On coins, milled or reeded (marked with parallel grooves) edges are used to show that none of the valuable metal has been scraped off.

— Wikipedia

Money

Money

mun′i, n. coin: pieces of stamped metal used in commerce: any currency used as the equivalent of money: wealth:—pl. Mon′eys.—ns. Mon′ey-bill, a bill introduced into parliament or congress for raising revenue or otherwise dealing with money; Mon′ey-brok′er, Mon′ey-chang′er, Mon′ey-scriv′ener, a broker who deals in money or exchanges.—adj. Mon′eyed, having money: rich in money: consisting in money.—ns. Mon′eyer, Mon′ier, one who coins money: a master of a mint.—adj. Mon′eyless, having no money.—ns. Mon′ey-mak′er, a coiner of counterfeit money; Mon′ey-mak′ing, act of gaining wealth.—adj. lucrative, profitable.—ns. Mon′ey-mar′ket, the market or field for the investment of money; Mon′ey-or′der, an order for money deposited at one post-office, and payable at another; Mon′ey-spī′der, or -spin′ner, a small spider of family Attidæ, supposed to bring luck; Mon′ey's-worth, something as good as money: full value; Mon′ey-tak′er, one who receives payments of money, esp. at an entrance-door.—Hard money, coin; Pot of money, a large amount of money; Ready money, money paid for a thing at the time at which it is bought: money ready for immediate payment. [O. Fr. moneie (Fr. monnaie)—L. moneta, a mint, Moneta being a surname of Juno, in whose temple at Rome money was coined.]

— Chambers 20th Century Dictionary

Cumulative process

Cumulative process

Cumulative process is a contribution to the economic theory of interest, proposed in Knut Wicksell's 1898 work, Interest and Prices. Wicksell made a key distinction between the natural rate of interest and the money rate of interest. The money rate of interest, to Wicksell, is the interest rate seen in the capital market; the natural rate of interest is the interest rate at which supply and demand in the market for goods are in equilibrium – as though there were no need for capital markets. According to the idea of cumulative process, if the natural rate of interest was not equal to the market rate, demand for investment and quantity of savings would not be equal. If the market rate is beneath the natural rate, an economic expansion occurs and prices rise. The resulting inflation depresses the real interest rate and causes further expansion and further price increases. The theory of the cumulative process of inflation is an early decisive swing at the idea of money as a "veil". Wicksell's process was much in line with the ideas of Henry Thornton's earlier work. Wicksell's theory claims, that increases in the supply of money lead to rises in price levels, but the original increase is endogenous, created by the conditions of the financial and real sectors. With the existence of credit money, Wicksell claimed, two interest rates prevail: the "natural" rate and the "money" rate. The natural rate is the return on capital – or the real profit rate. It can be considered to be equivalent to the marginal product of new capital. The money rate, in turn, is the loan rate, an entirely financial construction. Credit, then, is perceived quite appropriately as "money". Banks provide credit, after all, by creating deposits upon which borrowers can draw. Since deposits constitute part of real money balances, therefore the bank can, in essence, "create" money. Wicksell's main thesis, the disequilibrium engendered by real changes leads endogenously to an increase in the demand for money – and, simultaneously, its supply as banks try to accommodate it perfectly. Given full employment (a constant Y) and payments structure (constant V), then in terms of the equation of exchange, MV = PY, a rise in M leads only to a rise in P. Thus, the story of the Quantity theory of money, the long-run relationship between money and inflation, is kept in Wicksell. Wicksell's main thesis, the disequilibrium engendered by real changes leads endogenously to an increase in the demand for money – and, simultaneously, its supply as banks try to accommodate it perfectly. Primarily, Say's law is violated and abandoned by the wayside. Namely, when real aggregate supply does constrain, inflation results because capital goods industries cannot meet new real demands for capital goods by entrepreneurs by increasing capacity. They may try but this would involve making higher bids in the factor market which itself is supply-constrained – thus raising factor prices and hence the price of goods in general. In short, inflation is a real phenomenon brought about by a rise in real aggregate demand over and above real aggregate supply. Finally, for Wicksell the endogenous creation of money, and how it leads to changes in the real market (i.e. increase real aggregate demand) is fundamentally a breakdown of the Neoclassical tradition of a dichotomy between monetary and real sectors. Money is not a "veil" – agents do react to it and this is not due to some irrational "money illusion". However, we should remind ourselves that, for Wicksell, in the long run, the Quantity theory still holds: money is still neutral in the long run, although to do so, Knut Wicksell have broken the cherished Neoclassical principles of dichotomy, money supply exogeneity and Say's law. "There is a certain rate of interest on loans which is neutral in respect to commodity prices, and tends neither to raise nor to lower them. This is necessarily the same as the rate of interest which would be determined by supply and demand if no use were made of money and all lending were effected in the form of real capital goods. It comes to much the same thing to describe it as the current value of the natural rate of interest on capital." Knut Wicksell – Interest and Prices, 1898, p. 102

— Wikipedia

Counterfeit

Counterfeit

To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value than the real thing. Counterfeit products are fakes or unauthorized replicas of the real product. Counterfeit products are often produced with the intent to take advantage of the superior value of the imitated product. The word counterfeit frequently describes both the forgeries of currency and documents, as well as the imitations of items such as clothing, handbags, shoes, pharmaceuticals, automobile parts, unapproved aircraft parts, (which have caused many accidents), watches, electronics (both parts and finished products), software, works of art, toys, and movies.Counterfeit products tend to have fake company logos and brands (resulting in patent or trademark infringement in the case of goods), have a reputation for being lower quality (sometimes not working at all) and may contain toxic substances such as lead. This has resulted in the deaths of hundreds of thousands of people, due to automobile and aviation accidents, poisoning, or ceasing to take essential compounds (e.g., in the case a person takes non-working medicine).The counterfeiting of money, mostly paper money, is usually attacked aggressively by governments worldwide.

— Wikipedia

Money laundering

Money laundering

Money laundering is the process of concealing illicit sources of money to make it appear like legitimately earned money. Money which is evidently the proceeds of a crime is referred to as "dirty" money, and money which has been "laundered" to appear legitimate is referred to as "clean" money. The methods by which money may be laundered are varied and can range in sophistication. In purely definitional terms different countries may or may not treat unlawful tax evasion, and payments in breach of international sanctions, as money laundering. Some jurisdictions differentiate these for definitional purposes and others do not. Some jurisdictions define money laundering such that if the money results from activity which would have been a crime if it had been done in that jurisdiction, then it should be regarded as money laundering, even if it was legal where the actual conduct occurred. Accordingly, under British law, spending proceeds from a bull fight in Spain constitutes money laundering, as if the bull fight had been conducted in the United Kingdom it would have been illegal. Many regulatory and governmental authorities quote estimates each year for the amount of money laundered, either worldwide or within their national economy. In 1996, the International Monetary Fund estimated that two to five percent of the worldwide global economy involved laundered money. However, the Financial Action Task Force on Money Laundering, an intergovernmental body set up to combat money laundering, stated that "overall it is absolutely impossible to produce a reliable estimate of the amount of money laundered and therefore the FATF does not publish any figures in this regard". Academic commentators have likewise been unable to estimate the volume of money with any degree of assurance. Various estimates and guesstimates as to the scale of global money laundering are sometimes repeated sufficiently often that they sometimes become regarded as factual, but the inherent underlying difficulties in measuring that which is actively concealed have never been adequately overcome.

— Freebase

Money

Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Any item or verifiable record that fulfils these functions can be considered as money. Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or note of debt, is without use value as a physical commodity. It derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private". Counterfeit money can cause good money to lose its value. The money supply of a country consists of currency (banknotes and coins) and, depending on the particular definition used, one or more types of bank money (the balances held in checking accounts, savings accounts, and other types of bank accounts). Bank money, which consists only of records (mostly computerized in modern banking), forms by far the largest part of broad money in developed countries.

— Wikipedia

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MONEY SPELL CASTER IN UK ,LONDON AND IRELAND (USA) | spiritual rats for money spell caster 063429995

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— Editors Contribution

Neutrality of money

Neutrality of money

Neutrality of money is the idea that a change in the stock of money affects only nominal variables in the economy such as prices, wages, and exchange rates, with no effect on real variables, like employment, real GDP, and real consumption. Neutrality of money is an important idea in classical economics and is related to the classical dichotomy. It implies that the central bank does not affect the real economy (e.g., the number of jobs, the size of real GDP, the amount of real investment) by creating money. Instead, any increase in the supply of money would be offset by a proportional rise in prices and wages. This assumption underlies some mainstream macroeconomic models (e.g., real business cycle models). Others like monetarism view money as being neutral only in the long-run. When neutrality of money coincides with zero population growth, the economy is said to rest in steady-state equilibrium.Superneutrality of money is a stronger property than neutrality of money. It holds that not only is the real economy unaffected by the level of the money supply but also that the rate of money supply growth has no effect on real variables. In this case, nominal wages and prices remain proportional to the nominal money supply not only in response to one-time permanent changes in the nominal money supply but also in response to permanent changes in the growth rate of the nominal money supply. Typically superneutrality is addressed in the context of long-run models.

— Wikipedia

Money

Money

Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment. Any kind of object or secure verifiable record that fulfills these functions can be considered money. Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or note of debt, is without intrinsic use value as a physical commodity. It derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private". Such laws in practice cause fiat money to acquire the value of any of the goods and services that it may be traded for within the nation that issues it. The money supply of a country consists of currency and bank money. Bank money, which consists only of records, forms by far the largest part of the money supply in developed nations.

— Freebase

Broad money

Broad money

In economics, broad money is a measure of the money supply that includes more than just physical money such as currency and coins. It generally includes demand deposits at commercial banks, and any monies held in easily accessible accounts. Components of broad money are still very liquid, and non-cash components can usually be converted into cash very easily. One measure of broad money is M3, which includes currency and coins, and deposits in checking accounts, savings accounts and small time deposits, overnight repos at commercial banks, and non-institutional money market accounts. This is the main measure of the money supply, and is the economic indicator usually used to assess the amount of liquidity in the economy, as it is relatively easy to track. However broad money can have different definitions depending on the situation of usage, usually it is constructed as required to be the most useful indicator in the situation. More generally, broad money is just a term for the least liquid money definition being considered and less a fixed definition across all situations. As such broad money may have different implications in the United States than it does in Australia, and even from academic paper to paper. The term broad money will usually be more exactly defined before a discussion, when it is not sufficient to assume a wider definition of money.

— Freebase

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