Fraud In The Inducement

Business, Legal & Accounting Glossary

Definition: Fraud In The Inducement




What is the dictionary definition of Fraud In The Inducement?

Dictionary Definition


n. the use of deceit or trick to cause someone to act to his/her disadvantage, such as signing an agreement or deeding away real property. The heart of this type of fraud is misleading the other party as to the facts upon which he/she will base his/her decision to act. Example: “there will be tax advantages to you if you let me take title to your property,” or “you don’t have to read the rest of the contract-it is just routine legal language” but actually includes a balloon payment.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/fraud-in-the-inducement/
Modern Language Association (MLA):
Fraud In The Inducement. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 20, 2021 https://payrollheaven.com/define/fraud-in-the-inducement/.
Chicago Manual of Style (CMS):
Fraud In The Inducement. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/fraud-in-the-inducement/ (accessed: September 20, 2021).
American Psychological Association (APA):
Fraud In The Inducement. PayrollHeaven.com. Retrieved September 20, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/fraud-in-the-inducement/

Definition Sources


Definitions for Fraud In The Inducement 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: 28th April, 2020 | 0 Views.