Definition, Meaning & Synonyms
financial-doping
Noun
/faɪˈnænʃəl ˈdoʊpɪŋ/
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Definition
The practice of using illicit financial strategies or manipulation to gain an unfair advantage in a competitive environment.
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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.
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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.
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Synonyms
- Financial manipulation
- Fiscal cheating
- Monetary fraud
- Economic deceit