What does e-fencing mean?

Definitions for e-fencing
e-fenc·ing

This dictionary definitions page includes all the possible meanings, example usage and translations of the word e-fencing.


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Wiktionary

  1. e-fencingnoun

    Fencing though the use of the internet to sell stolen merchandise.

Wikipedia

  1. e-fencing

    A fence, also known as a receiver, mover, or moving man, is an individual who knowingly buys stolen goods in order to later resell them for profit. The fence acts as a middleman between thieves and the eventual buyers of stolen goods who may not be aware that the goods are stolen. As a verb (e.g. "to fence stolen goods"), the word describes the behaviour of the thief in the transaction with the fence. As is the case with the word fence and its derivatives when used in its other common meanings (i.e. as a type of barrier or enclosure, and also as a sport), the word in this context is derived from the word defence. Among criminals, the fence originated in thieves' slang tracing from the notion of such transactions providing a "defence" against being caught.Thieves who patronise fences are willing to accept a low profit margin in order to reduce their risks by instantly "washing their hands" of illicitly gotten loot (such as black market goods) and disassociating from the criminal act that procured it. After sales, fences recoup their investment by disguising the stolen nature of the goods (via methods such as repackaging and altering/effacing serial numbers) and reselling the goods as near to the white market price as possible without drawing suspicion. This process often relies on a legal business (such as a pawnshop, flea market, or street vendor) in order to "launder" the stolen goods by intermixing them with legally-obtained items of the same type.Fencing is illegal in all countries, but legally proving a violation of anti-fencing laws can be difficult.

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Numerology

  1. Chaldean Numerology

    The numerical value of e-fencing in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of e-fencing in Pythagorean Numerology is: 9

Examples of e-fencing in a Sentence

  1. Ting Lu:

    We also expect broader easing of fiscal and monetary policy, and it is likely the government will take steps to contain ripple effects in the financial system, including possibly ring-fencing banks particularly exposed to developers in trouble.

  2. James Murray:

    Obviously I'm aware that( former US Capitol Police Chief) Steve Sund testified not too long ago up there, and I'm also aware that one of the things he conveyed is that, you know, he would have preferred to have had more, more people, more resources, more fencing to be able to effectuate and push out his perimeter, had it been established to be an NSSE, that's one of the things you would have seen. You would have seen more people. You would have seen more perimeter fencing. You would have seen more resources.

  3. Dee Margo:

    The barrier went up, and the fence went up, and it's only about 10 miles long, and the total fencing in the El Paso sector is about 78 miles. And it's not continuous. Now it's part of the process for border security, but it's not the total panacea.

  4. John Kelly:

    To be honest, it's not a wall, the president still says' wall' — oftentimes frankly he'll say' barrier' or' fencing,' now he's tended toward steel slats. But we left a solid concrete wall early on in the administration, when we asked people what they needed and where they needed it.

  5. Douglas Brooks:

    The students were academic and fencing stars. Coach Brand did nothing wrong in connection with their admission to Harvard. He looks forward to the truth coming out in court.


Translations for e-fencing

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"e-fencing." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/e-fencing>.

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