Simple definition
Intentional deception made to secure an unfair or unlawful benefit or cause loss.
Liability
What Does Fraud Mean?
Intentional deception made to secure an unfair or unlawful benefit or cause loss.
Example in a contract
A contract may use “fraud” when describing intentional deception made to secure an unfair or unlawful benefit or cause loss.
What fraud means in a contract
In contracts, this language often appears where the parties allocate responsibility for losses, claims, or financial exposure. Read it together with any liability cap, indemnity, insurance, and damages language.
Why it may matter
It can change who bears costs when something goes wrong and whether that exposure is limited or carved out. Review the exact language rather than relying on the label alone.
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FAQ
Questions about fraud.
What does fraud mean in plain English?+
Intentional deception made to secure an unfair or unlawful benefit or cause loss.
Where might fraud appear in a contract?+
In contracts, this language often appears where the parties allocate responsibility for losses, claims, or financial exposure. Read it together with any liability cap, indemnity, insurance, and damages language.
Is this definition legal advice?+
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.