Fraud - Dictionary Definition and Overview

Fraud :  (noun)
1: intentional deception resulting in injury to another person
2: a person who makes deceitful pretenses [syn: imposter, impostor, pretender, fake, faker, sham, shammer, pseudo, pseud, role player]
3: something intended to deceive; deliberate trickery intended to gain an advantage [syn: fraudulence, dupery, hoax, humbug, put-on]

Based on WordNet 2.0

Fraud : \Fraud\ (fr[add]d), n. [F. fraude, L. fraus, fraudis; prob. akin to Skr. dh[=u]rv to injure, dhv[.r] to cause to fall, and E. dull.] 1. Deception deliberately practiced with a view to gaining an unlawful or unfair advantage; artifice by which the right or interest of another is injured; injurious stratagem; deceit; trick.

If success a lover's toil attends, Few ask, if fraud or force attained his ends. --Pope.

2. (Law) An intentional perversion of truth for the purpose of obtaining some valuable thing or promise from another.

3. A trap or snare. [Obs.]

To draw the proud King Ahab into fraud. --Milton.

Constructive fraud (Law), an act, statement, or omission which operates as a fraud, although perhaps not intended to be such. --Mozley & W.

Pious fraud (Ch. Hist.), a fraud contrived and executed to benefit the church or accomplish some good end, upon the theory that the end justified the means.

Statute of frauds (Law), an English statute (1676), the principle of which is incorporated in the legislation of all the States of this country, by which writing with specific solemnities (varying in the several statutes) is required to give efficacy to certain dispositions of property. --Wharton.

Syn: Deception; deceit; guile; craft; wile; sham; strife; circumvention; stratagem; trick; imposition; cheat. See Deception.

Based on Webster's Revised Unabridged Dictionary

FRAUD, contracts, torts. Any trick or artifice employed by one person to induce another to fall into an error, or to detain him in it, so that he may make an agreement contrary to his interest. TheFraud : may consist either, first, in the misrepresentation, or, secondly, in the concealment of a material fact. Fraud, force and vexation, are odious in law. Booth, Real Actions, 250. Fraud gives no action, however, without damage; 3 T. R. 56; and in matters of contract it is merely a defence; it cannot in any case constitute a new contract. 7 Vez. 211; 2 Miles' Rep. 229. It is essentially ad hominem. 4 T. R. 337-8. 2. Fraud avoids a contract, ab initio, both at law and in equity, whether the object be to deceive the public, or third persons, or one party endeavor thereby to cheat the other. 1 Fonb. Tr. Equity, 3d ed. 66, note; 6th ed. 122, and notes; Newl. Cont. 352; 1 Bl. R. 465; Dougl. Rep. 450; 3 Burr. Rep. 1909; 3 V. & B. Rep. 42; 3 Chit. Com. Law, 155, 806, 698; 1 Sch. & Lef. 209; Verpl. Contracts, passim; Domat, Lois Civ. p. 1, 1. 4, t. 6, s. 8, n. 2. 3. The following enumeration of frauds, for which equity will grant relief, is given by Lord Hardwicke, 2 Ves. 155. 1. Fraud, dolus malus, may be actual, arising from facts and circumstances of imposition, which is the plainest case. 2. It may be apparent from the intrinsic nature and subject of the bargain itself; such as no man in his senses, and not under delusion, would make on the one hand, and such as no honest and fair man would accept on the other, which are inequitable and unconscientious bargains. 1 Lev. R. 111. 3. Fraud, which may be presumed from the circumstances and condition of the parties contracting. 4. Fraud, which may be collected and inferred in the consideration of a court of equity, from the nature and circumstances of the transaction, as being an imposition and deceit on other persons, not parties to the fraudulent agreement. 5. Fraud, in what are called catching bargains, (q.v.) with heirs, reversioners) or expectants on the life of the parents. This last seems to fall, naturally, under one or more of the preceding divisions. 4. Frauds may be also divided into actual or positive and constructive frauds. 5. An actual or positive fraud is the intentional and successful employment of any cunning, deception, or artifice, used to circumvent, cheat, or deceive another. 1 Story, Eq. Jur. Sec. 186; Dig. 4, 3, 1, 2; Id. 2, 14, 7, 9. 6. By constructive fraud is meant such a contract or act, which, though not originating in any actual evil design or contrivance to perpetrate a positive fraud or injury upon other persons, yet, by its tendency to deceive or mislead. them, or to violate private or public confidence, or to impair or injure the public interests, is deemed equally reprehensible with positive fraud, and, therefore, is prohibited by law, as within the same reason and mischief as contracts and acts done malo animo. Constructive frauds are such as are either against public policy, in violation of some special confidence or trust, or operate substantially as a fraud upon private right's, interests, duties, or intentions of third persons; or unconscientiously compromit, or injuriously affect, the private interests, rights or duties of the parties themselves. 1 Story, Eq. ch. 7, Sec. 258 to 440. 7. The civilians divide frauds into positive, which consists in doing one's self, or causing another to do, such things as induce a belief of the truth of what does not exist or negative, which consists in doing or dissimulating certain things, in order to induce the opposite party. into error, or to retain him there. The intention to deceive, which is the characteristic of fraud, is here present. Fraud is also divided into that which has induced the contract, dolus dans causum contractui, and incidental or accidental fraud. The former is that which has been the cause or determining motive of the contract, that without which the party defrauded would not have contracted, when the artifices practised by one of the parties have been such that it is evident, without them, the other would not have contracted. Incidental or accidental fraud is that by which a person, otherwise determined to contract, is deceived on some accessories or incidents of the contract; for example, as to the quality of the object of the contract, or its price, so that he has made a bad bargain. Accidental fraud does not, according to the civilians, avoid the contract, but simply subjects the party to damages. It is otherwise where the fraud has been the determining cause of the contract, qui causam dedit contractui; in that case. the contract is void. Toull. Dr. Civ. Fr. Liv. 3, t. 3, c. 2, n. Sec. 5, n. 86, et seq. See also 1 Malleville, Analyse de la, Discussion de Code Civil, pp. 15, 16; Bouv. Inst. Index, h.t. Vide Catching bargain; Lesion; Voluntary Conveyance.

Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:

FRAUD, TO DEFRAUD, torts. Unlawfully, designedly, and knowingly, to appropriate the property of another, without a criminal intent. 2. Illustrations. 1. Every appropriation of the right of property of another is not fraud. It must be unlawful; that is to say, such an appropriation as is not permitted by law. Property loaned may, during the time of the loan, be appropriated to the use of the borrower. This is not fraud, because it is permitted by law. 2. The appropriation must be not only unlawful, but it must be made with a knowledge that the property belongs to another, and with a design to deprive him of the same. It is unlawful to take the property of another; but if it be done with a design of preserving it for the owners, or if it be taken by mistake, it is not done designedly or knowingly, and, therefore, does not come within the definition of fraud. 3. Every species of unlawful appropriation, not made with a criminal intent, enters into this definition, when designedly made, with a knowledge that the property is another's; therefore, such an appropriation, intended either for the use of another, or for the benefit of the offender himself, is comprehended by the term. 4. Fraud, however immoral or illegal, is not in itself a crime or offence, for want of a criminal intent. It only becomes such in the cases provided by law. Liv. System of Penal Law, 789.

Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:

Example Usage of Fraud

freedom4USA: US:#tcot #news Two Indian Americans plead guilty to health care Fraud: Washington, Dec 12 (IANS) A physical thera... http://twurl.nl/m61qh0
whobin: RSA Online Fraud Report July 2009 http://www.mag-securs.com/spip.php?article14354 #security #Fraud #hacking #seguridadinformatica
chris_ledu: Merchant Account Credit Card Processing - How to Avoid Fraud and Lower the Chargeback Rate? | ArticlesBase.com http://tinyurl.com/y9b2oxj
Copyright 2009 wordIQ.com - Privacy Policy  :: Terms of Use  :: Contact Us  :: About Us