follow Dictionary.com

What is the X in X-mas?

white-collar crime

noun
1.
any of various crimes, as embezzlement, fraud, or stealing office equipment, committed by business or professional people while working at their occupations.
Origin
1945-1950
1945-50
Related forms
white-collar criminal, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Contemporary definitions for whitecollar crime
noun

any illegal act, such as embezzlement, fraud, or theft, that capitalizes on a person's high status in their business or workplace

Dictionary.com's 21st Century Lexicon
Copyright © 2003-2014 Dictionary.com, LLC
Cite This Source
Encyclopedia Article for whitecollar crime

white-collar crime

crime committed by persons who, often by virtue of their occupations, exploit social, economic, or technological power for personal or corporate gain. The term, coined in 1949 by the American criminologist Edwin Sutherland, drew attention to the typical attire of the perpetrators, who were generally businesspeople, high-ranking professionals, and politicians. Since Sutherland's time, however, such crimes have ceased to be the exclusive domain of these groups. Moreover, developments in commerce and technology have broadened the scope of white-collar crime to include cybercrime (computer crime), health-care fraud, and intellectual property crimes, in addition to more-traditional crimes involving embezzlement, bribery, conspiracy, obstruction of justice, perjury, money laundering, antitrust violations, tax crimes, and regulatory violations.

Learn more about white-collar crime with a free trial on Britannica.com
Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
Cite This Source

Word of the Day

Difficulty index for white-collar crime

Few English speakers likely know this word

Word Value for whitecollar

0
0
Scrabble Words With Friends