CONSTRUCTIVE FRAUD Definition

Bookmark and Share

CONSTRUCTIVE FRAUD is an act, statement, or omission which operates as a fraud, although perhaps it was not intended to be such.

Learn new Accounting Terms

OVERDRAFT is, a. a draft in excess of the credit balance within an account; or b. a facility (usually at a bank or other financial institution) enabling an account holder to borrow up to an agreed amount and often for an agreed time.

EQUITY OFFERING see EQUITY CAPITAL.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.