- white collar crime
n.a generic term for crimes involving commercial fraud, cheating consumers, swindles, insider trading on the stock market, embezzlement and other forms of dishonest business schemes. The term comes from the out-of-date assumption that business executives wear white shirts with ties. It also theoretically distinguishes these crimes and criminals from physical crimes, supposedly likely to be committed by "blue collar" workers.
Law dictionary. EdwART. 2013.
Look at other dictionaries:
white-collar crime — white collar criminal. any of various crimes, as embezzlement, fraud, or stealing office equipment, committed by business or professional people while working at their occupations. [1945 50] * * * Introduction crime committed by persons who,… … Universalium
white-collar crime — white collar criminal. any of various crimes, as embezzlement, fraud, or stealing office equipment, committed by business or professional people while working at their occupations. [1945 50] * * * white collar crime noun Crimes entailing… … Useful english dictionary
white-collar crime — ➔ crime * * * white collar crime UK US noun [C or U] LAW, WORKPLACE ► crime in which an office worker or someone in business illegally takes money from their employer or the people they deal with in their business: »A state employee was charged… … Financial and business terms
white-collar crime — A variety of nonviolent financial crimes, generally committed by businesspeople or public officials,involving commercial fraud, consumer fraud, swindles, insider trading on the stock market, embezzlement, bribery, or other dishonest schemes.… … Law dictionary
white–collar crime — white–col·lar crime / hwīt kä lər / n: crime that is committed by salaried professional workers or persons in business and that usu. involves a form of financial theft or fraud (as in securities dealing) Merriam Webster’s Dictionary of Law.… … Law dictionary
white-collar crime — ☆ white collar crime n. a crime, as fraud, embezzlement, etc., committed by a person in business, government, or a profession in the course of occupational activities … English World dictionary
White-collar crime — Within the field of criminology, white collar crime or incorporated governance has been defined by Edwin Sutherland as a crime committed by a person of respectability and high social status in the course of his occupation (1949). Sutherland was a … Wikipedia
White-Collar Crime — A non violent crime that is committed by someone, typically for financial gain. The typical white collar criminal is an office worker, business manager, fund manager or executive. Forensic accountants, auditors and whistle blowers identify and… … Investment dictionary
white-collar crime — A term introduced by Edwin Sutherland in the 1940s in order to draw attention to the illegalities and misdeeds of ‘captains of industry’ and other middle class members of the business world (see his’White Collar Criminality’, American… … Dictionary of sociology
white-collar crime — /waɪt kɒlə ˈkraɪm/ (say wuyt koluh kruym) noun crime such as tax evasion, embezzlement, etc., committed by people in administrative, professional, or clerical positions, who take advantage of their knowledge or position: *Pouring police resources … Australian English dictionary