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ENGLISH DICTIONARY
Contra-trading
Pronunciation varies by accent · noun
Meaning
(finance, taxation) A form of carousel fraud that evades detection by using two "carousels" of traded goods, where one carousel is legitimate and the other is not, and thus the input and output VATs neutralize each other to conceal the fraud..
Contra-trading means (finance, taxation) A form of carousel fraud that evades detection by using two "carousels" of traded goods, where one carousel is legitimate and the other is not, and thus the input and output VATs neutralize each other to conceal the fraud..
What is a synonym for contra-trading?
The closest synonym depends on the sentence and intended sense.
What is the opposite of contra-trading?
The opposite depends on the specific sense.
How do you use contra-trading in a sentence?
Use contra-trading where its definition matches the intended context.