sham transaction

listen to the pronunciation of sham transaction
English - Turkish

Definition of sham transaction in English Turkish dictionary

sham transactions
(Ticaret) muvazaalı işlemler
sham transactions
(Ticaret) sahte işlemler
English - English
A transaction that is made to mislead or deceive others : a transaction having no economic effect that is made to create tax benefits. "The Internal Revenue Service may deny tax benefits for sham transactions."