SCIENTER THEORY Definition

Bookmark and Share

SCIENTER THEORY is based on the word scienter, which is Latin for "having knowledge." In criminal law, the theory refers to knowledge by a defendant that his/her acts were illegal or his/her statements were lies and thus fraudulent. In securities, it is to knowingly transact a fraudulent securities deal.

Learn new Accounting Terms

AIR WAYBILL is a bill of lading and contract between the shipper and the airline for delivery of goods to a specified location, and sometimes with specified delivery date/time. Non-negotiable, but serves as receipt from the airline to prove that goods were received.

TRADE DATE, in securities, is the actual date on which a trade is initiated or executed.

Suggest a Term

Enter Search Term

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