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Acronyms that contain the term fraudulent conveyance
What does fraudulent conveyance mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: fraudulent conveyance.
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What does fraudulent conveyance mean?
- Fraudulent conveyance
- A fraudulent conveyance, or fraudulent transfer, is an attempt to avoid debt by transferring money to another person or company. It is generally a civil, not a criminal matter, meaning that one cannot go to jail for it, but in some jurisdictions there is potential for criminal prosecution. It is generally treated as a civil cause of action that arises in debtor/creditor relations, particularly with reference to insolvent debtors. The cause of action is typically brought by creditors or by bankruptcy trustees.
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"fraudulent conveyance." Abbreviations.com. STANDS4 LLC, 2024. Web. 5 Jun 2024. <https://www.abbreviations.com/fraudulent%20conveyance>.
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