noun the action of selling something to someone in a misleading or dishonest way
Mis-selling refers to the practice of selling financial products or services to customers in a misleading or deceptive manner, often resulting in financial harm to the consumer.
In the insurance industry, mis-selling occurs when an insurance policy is sold to a customer under false pretenses or with misleading information about coverage or benefits.
Mis-selling in banking involves the unethical selling of banking products such as loans, mortgages, or credit cards without fully disclosing the terms and conditions, leading to financial losses for the consumer.
Mis-selling in investments refers to the fraudulent or deceptive sale of investment products, such as stocks, bonds, or mutual funds, by providing inaccurate information or withholding crucial details from the investor.
In the financial industry, mis-selling refers to the practice of selling financial products or services to customers in a misleading or deceptive manner. Writers may cover stories related to mis-selling scandals or write articles on how consumers can protect themselves from mis-selling tactics.
Psychologists may encounter cases where clients have been affected by mis-selling, leading to financial stress or emotional distress. They may provide counseling or therapy to individuals who have been victims of mis-selling schemes.