Simple English definitions for legal terms
Read a random definition: Market Value
Counterfeiting is when someone makes a fake copy of something without permission and tries to sell it as if it were the real thing. This is often done with money, but it can also happen with fancy clothes, bags, and watches. It's against the law and is considered a type of white-collar crime.
Counterfeiting is when someone makes a fake copy of something and tries to pass it off as the real thing. This is illegal and can be applied to many different things, like money, designer clothes, handbags, watches, and other consumer goods.
For example, if someone makes a fake $20 bill and tries to use it to buy something, that's counterfeiting. Or if someone makes a fake Gucci handbag and tries to sell it as a real one, that's also counterfeiting.
Counterfeiting is a serious crime because it can deceive people into thinking they are getting something valuable when they are not. It can also hurt the businesses and people who make and sell the real thing, because they lose money and customers to the counterfeiters.