Financial Crime Terms

verb to take strong action to prevent or limit something

adverb in a strict or forceful manner

• The government is planning to clamp down on tax evasion by implementing stricter regulations.
• The school is going to clamp down on students skipping classes.
• The boss said he's going to clamp down on employees slacking off at work.
• It's time for us to clamp down on our spending and start saving more money.

verb to eject or throw out something forcefully, often in a vomit-like manner

• The company was ordered to disgorge all profits gained from the illegal activity.
• The restaurant had to disgorge all the spoiled food from the refrigerator.
• I felt like I was going to disgorge after that roller coaster ride.
• The volcano began to disgorge lava and ash, causing widespread destruction.

noun a robbery or theft, typically involving a large amount of money or valuable items

verb to commit a robbery or theft

• The police are investigating a sophisticated heist at the museum.
• Did you hear about the heist at the jewelry store last night?
• The crew pulled off a major heist at the casino.
• His plan was a heist of her heart, stealing it away without her even realizing.

adjective obtained through dishonest or illegal means

• The businessman was arrested for his involvement in acquiring ill-gotten gains through fraudulent means.
• He got caught with all that ill-gotten cash he was flashing around.
• She's living large off that ill-gotten money she scammed from people.
• The politician's ill-gotten power was slowly slipping away as the corruption scandal unfolded.

adjective a term used to describe something that is illegal or forbidden by law

• The company was found guilty of engaging in illicit business practices.
• I heard they were involved in some illicit activities.
• They were caught doing some shady stuff.
• The illicit affair between the two celebrities was the talk of the town.

verb to take hold of suddenly and forcibly; grasp

• The police were able to seize the stolen goods during the raid.
• I'm going to seize the opportunity to ask her out on a date.
• Let's seize the day and go on a road trip!
• Don't let fear seize control of your life.

noun the act of absconding or fleeing from justice or avoiding detection

• The suspect's abscondence from the scene of the crime raised suspicions among the investigators.
• His sudden abscondence left everyone wondering where he had gone.
• I can't believe she pulled an abscondence on us like that!
• The company's abscondence from the market was a strategic move to focus on other opportunities.

verb to leave hurriedly and secretly, typically to avoid detection or arrest

• The suspect absconds from the scene of the crime before the police arrive.
• I heard that he absconds with the money every time he gets a chance.
• She absconds with her boyfriend whenever she wants to skip school.
• When faced with a difficult situation, he tends to abscond from his responsibilities.