fraudulent conversion Meaning in the Cambridge English Dictionary
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Meaning of “fraudulent conversion” in the English Dictionary

"fraudulent conversion" in Business English

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fraudulent conversionnoun [U]

uk   us   LAW
the ​act of using ​money or ​property that is not your own for ​illegal or dishonest ​purposes: The ​high-profilebrokerpleaded guilty to ​charges of ​fraudulentconversion of ​clients' ​funds.
(Definition of fraudulent conversion from the Cambridge Business English Dictionary © Cambridge University Press)
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