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carousel fraud

carousel fraud  n.— «The money is being lost to a swindle described officially as missing trader intra-community fraud, but known to criminals as carousel fraud. It involves bogus companies being set up to trade goods between each other...

liar’s affidavit

liar’s affidavit  n.— «It also creates a presumptive value for sales taxes on used cars based on the “blue book” sale price. (This is a tax change often known as “Liar’s Affidavit” around the Capitol.)» —“Perry, Sharp unveil revised...

crouch rocket

crouch rocket  n.— «Looking for a bike in the new jersey area please e-mail me. Mostly looking for a crouch rocket.» —“anyone have a a bike for sale in the new jersey area?” by Jenny Usenet: rec.motorcycles Sept...

straw sale

straw sale  n.— «The NRA has blocked efforts to end what’s called “straw sales”: Buying handguns in bulk so they can then be turned around and sold to people who wouldn’t otherwise be able to pass a background check...

double-dead

double-dead  adj.— «Double-Dead Meat—refers to carcasses, parts thereof, of food animals or poultry that are already dead, but are still slaughtered and offered for sale to innocent market goers.» —“Ordinance No. 2005...

pinhook

pinhook  v.— «Pinhooking livestock refers to the illegal practice of buying animals at or near markets before they can be offered for sale in the competitive bidding of the auction ring. The pinhooker persuades the farmer to sell for less...