1. Trade Regulation 312. C.J.S. Counterfeiting §§ 2, 8; Trade-Marks, Trade-Names, and Unfair Competition § 151.] — counterfeiting, n. — counterfeit, n. — counterfeit, adj.
“Literally a counterfeit is an imitation intended to pass for an original. Hence it is spurious or false, and to counterfeit is to make false. For this reason the verbs counterfeit and forge are often employed as synonyms and the same is true to some extent of the corresponding nouns. No error is involved in this usage but it is important to distinguish between the words as far as possible when used as the labels of criminal offenses. In the most restricted sense, [c]ounterfeiting is the unlawful making of false money in the similitude of the genuine. At one time under English statutes it was made treason. Under modern statutes it is a felony.” Rollin M. Perkins & Ronald N. Boyce, Criminal Law 431–32 (3d ed. 1982).