economic crime
A nonphysical crime committed to obtain a financial gain or a professional advantage.
Search Results for: economic crime
prisoner’s dilemma
prisoner’s dilemma. A logic problem — often used by law-and-economics scholars to illustrate the effect of cooperative behavior — involving two prisoners who are being separately questioned about their participation in a crime: (1) if both confess, they will each receive a 5-year sentence; (2) if neither confesses, they will each receive a 3-year sentence;
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international criminal police organization
International Criminal Police Organization. An international law-enforcement group founded in 1923 and headquartered in Lyons, France. • The organization gathers and shares information on transnational criminals for more than 180 member nations. — Also termed Interpol. “Interpol is something of a legal curiosity: it engages in intergovernmental activities and yet is not based on any
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gain
gain, n. 1. An increase in amount, degree, or value. pecuniary gain. 1. A gain of money or of something having monetary value. 2. Criminal law. Any monetary or economic gain that serves as an impetus for the commission of an offense. • In most states, an offense and its punishment are aggravated if the