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Legal Definitions - faux money

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Definition of faux money

Definition: Faux money is counterfeit money, which means it is fake money that is made to look like real money.

Example: If someone tries to pay for something with a $100 bill, but it turns out to be faux money, the person receiving the payment will not be able to use it because it is not real money.

Explanation: Faux money is made to look like real money, but it is not backed by a government or financial institution. This means that it has no value and cannot be used to buy things or pay for services. It is illegal to make or use faux money because it is a form of fraud.

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Simple Definition

Term: FAUX MONEY

Definition: Faux money is fake money. It's like when someone tries to make their own money that looks like real money, but it's not. It's also called counterfeit money.

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