Fraudulent Transfer

Business, Legal & Accounting Glossary

Definition: Fraudulent Transfer



What is the dictionary definition of Fraudulent Transfer?

Dictionary Definition


In a bankruptcy case, a transfer of property to another for less than the property’s value for the purpose of hiding the property from the bankruptcy trustee — for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.


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Modern Language Association (MLA):
Fraudulent Transfer. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 05, 2020 https://payrollheaven.com/define/fraudulent-transfer/.
Chicago Manual of Style (CMS):
Fraudulent Transfer. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/fraudulent-transfer/ (accessed: July 05, 2020).
American Psychological Association (APA):
Fraudulent Transfer. PayrollHeaven.com. Retrieved July 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/fraudulent-transfer/

Definition Sources


Definitions for Fraudulent Transfer 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: 22nd April, 2020 | 0 Views.