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A confidence trick where an established (usually illegal) business stops shipping orders while continuing to receive payments because of its previously good reputation, and then absconds with the money.
Definition source: English Wiktionary via Wiktextract
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
No etymology was provided for this word.
Across languages
Translations
1 source translations are retained for this English entry.
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Chinese Mandarin:
退場騙局 /退场骗局
— Translations