fraudulent conversion

fraudulent conversion
fraudulent conversion n: conversion committed with the intent of defrauding someone

Merriam-Webster’s Dictionary of Law. . 1996.

fraudulent conversion
index embezzlement, misappropriation

Burton's Legal Thesaurus. . 2006

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Look at other dictionaries:

  • fraudulent conversion — UK US noun [U] LAW ► the act of using money or property that is not your own for illegal or dishonest purposes: »The high profile broker pleaded guilty to charges of fraudulent conversion of clients funds …   Financial and business terms

  • fraudulent conversion — Receiving into possession money or property of another and fraudulently withholding, converting, or applying the same to or for one s own use and benefit, or to use and benefit of any person other than the one to whom the money or property… …   Black's law dictionary

  • fraudulent conversion — Receiving into possession money or property of another and fraudulently withholding, converting, or applying the same to or for one s own use and benefit, or to use and benefit of any person other than the one to whom the money or property… …   Black's law dictionary

  • fraudulent conversion — An essential element of the crime of embezzlement, which may consist either of an appropriation of the money or other personal property to the personal use of the accused, that is, of his disposition of it for his own personal benefit and his own …   Ballentine's law dictionary

  • conversion — con·ver·sion /kən vər zhən/ n 1 a: the act of changing from one form or use to another b: the act of exchanging one kind of property for another; esp: the act of exchanging preferred stocks or bonds for shares of common stock of the same company… …   Law dictionary

  • Conversion (law) — For other uses of the word conversion , see Conversion. Conversion is a common law tort. A conversion is a voluntary act by one person inconsistent with the ownership rights of another.[1] It is a tort of strict liability.[2] Its criminal… …   Wikipedia

  • conversion — The sale of a cash position and investment of part of the proceeds in the margin for a long futures position. The remaining money is placed in an interest bearing instrument. This practice allows the investor/dealer to receive high rates of… …   Financial and business terms

  • conversion — An unauthorized assumption and exercise of the right of ownership over goods or personal chattels belonging to another, to the alteration of their condition or the exclusion of the owner s rights. Any unauthorized act which deprives an owner of… …   Black's law dictionary

  • conversion — An unauthorized assumption and exercise of the right of ownership over goods or personal chattels belonging to another, to the alteration of their condition or the exclusion of the owner s rights. Any unauthorized act which deprives an owner of… …   Black's law dictionary

  • Criminal conversion — is the crime of exerting unauthorized use or control of someone else s property. It differs from theft in that it does not include the element of intending to deprive the owner of the possession of that property. As such, it is a lesser included… …   Wikipedia

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