white-collar crime

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Definition of white-collar crime 

: crime that typically involves stealing money from a company and that is done by people who have important positions in the company : crime committed by white-collar workers Embezzlement is a white-collar crime.

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white-collar crime

noun
white-col·lar crime | \ˈhwīt-ˈkä-lər-\

Legal Definition of white-collar crime 

: crime that is committed by salaried professional workers or persons in business and that usually involves a form of financial theft or fraud (as in securities dealing)

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