Clean Sheeting

Business, Legal & Accounting Glossary

Definition: Clean Sheeting


Clean Sheeting


Full Definition of Clean Sheeting


A fraudulent activity whereby a life insurance policy is purchased by a party with knowledge of a pre-existing condition. The agent selling the policy typically has knowledge of the condition. The goal is to sell the policy shortly thereafter to receive a portion of the face value, to avoid detection of the falsehood upon death.


Cite Term


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Page URL
https://payrollheaven.com/define/clean-sheeting/
Modern Language Association (MLA):
Clean Sheeting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 28, 2021 https://payrollheaven.com/define/clean-sheeting/.
Chicago Manual of Style (CMS):
Clean Sheeting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/clean-sheeting/ (accessed: November 28, 2021).
American Psychological Association (APA):
Clean Sheeting. PayrollHeaven.com. Retrieved November 28, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/clean-sheeting/

Definition Sources


Definitions for Clean Sheeting are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.