Unethical Practices

Predatory Lending
Predatory lending refers to unethical practices by mortgage lenders who exploit borrowers, often resulting in excessive debt, deceptive loans with high rates and fees, and inflated charges for services.
Shyster
The term 'shyster' refers to an unscrupulous business person, often in the legal profession, who engages in deceptive or unethical practices. Shysters exploit their knowledge and authority to manipulate others for personal gain.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.