White-collar-crime meaning

White-collar crime is defined as illegal acts committed while working in a government or professional capacity.

Insider trading, identity theft, embezzlement and financial fraud by bankers are examples of white-collar crimes.

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A crime, as fraud, embezzlement, etc., committed by a person in business, government, or a profession in the course of occupational activities.
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A phrase denoting a variety of nonviolent crimes and commercial offenses committed by business people, public officials, and con artists. Consumer fraud, bribery, stock manipulation, and embezzlement are among the improprieties in this category.
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A non-violent crime, generally for personal gain and often involving money.

Fraud and embezzlement are examples of white-collar crime.

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Origin of white-collar-crime

  • From the color of dress shirts worn by professional and clerical workers, as opposed to the rugged denim and chambray shirts normally worn by manual workers.
    From Wiktionary