Counterfeit - Counterfeiting of Money or Government Bonds

Counterfeiting of Money or Government Bonds

Counterfeit money is currency that is produced without the legal sanction of the state or government and in deliberate violation of the laws thereof; the United States Secret Service, better known as the official bodyguard detail for the President and/or the Vice President of the United States, their families, and/or other officials/dignitaries and/or their families, was initially organized primarily to combat the counterfeiting of American money; counterfeit government bonds are public debt instruments that are produced without legal sanction, with the intention of "cashing them in" for authentic currency or using them as collateral to secure legitimate loans or lines of credit.

Read more about this topic:  Counterfeit

Famous quotes containing the words money, government and/or bonds:

    There is a gigantic difference between earning a great deal of money and being rich.
    Marlene Dietrich (1904–1992)

    Her wrongs are ... indissolubly linked with all undefended woe, all helpless suffering, and the plenitude of her “rights” will mean the final triumph of all right over might, the supremacy of the moral forces of reason and justice and love in the government of the nation. God hasten the day.
    Anna Julia Cooper (1859–1964)

    My Christian friends, in bonds of love, whose hearts in sweetest union join,
    Your friendship’s like a drawing band, yet we must take the parting hand.
    Your company’s sweet, your union dear; Your words delightful to my ear,
    Yet when I see that we must part, You draw like cords around my heart.
    John Blain (18th century)