Definition, Meaning & Synonyms

financial-doping

Noun
/faɪˈnænʃəl ˈdoʊpɪŋ/
Definition
The practice of using illicit financial strategies or manipulation to gain an unfair advantage in a competitive environment.
Examples
  • The team faced serious penalties after being accused of financial-doping to secure player contracts.
  • Some companies resort to financial-doping, misleading investors for their gain.
  • Regulatory bodies are on high alert for any signs of financial-doping in industry practices.
Meaning
Financial doping typically refers to unethical financial behaviors that distort fair competition, often seen in sports and businesses where large sums of money are involved.
Synonyms
  • Financial manipulation
  • Fiscal cheating
  • Monetary fraud
  • Economic deceit