Word.ws English Dictionary

contra-trading

contra-trading noun: a form of carousel fraud that evades detection by using two "carousels" of traded goods, where one carousel is legitimate and the other is not, and thus the input and output VATs neutralize each other to conceal the fraud.

Noun

contra-trading (uncountable)

  1. A form of carousel fraud that evades detection by using two "carousels" of traded goods, where one carousel is legitimate and the other is not, and thus the input and output VATs neutralize each other to conceal the fraud.

Origin of contra-trading

From contra- + trading.

Questions about contra-trading

What does contra-trading mean?
Contra-trading means a form of carousel fraud that evades detection by using two "carousels" of traded goods, where one carousel is legitimate and the other is not, and thus the input and output VATs neutralize each other to conceal the fraud.
What part of speech is contra-trading?
Contra-trading is a noun.

Words near contra-trading in the dictionary

  1. contra-
  2. contra-octave
  3. contra-octaves
  4. contra-trader
  5. contra-traders
  6. contra-trading
  7. contrabalanced
  8. contraband
  9. contraband of war
  10. contrabandage
  11. contrabanded

Source and license

Adapted from Wiktionary: contra-trading (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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Cite this entry: “contra-trading.” Word.ws, https://word.ws/contra-trading. Based on Wiktionary, CC BY-SA 4.0.