Salami slicing refers to a series of many small actions, often
performed by clandestine means, that as an accumulated whole produces a
much larger action or result that would be difficult or unlawful to
perform all at once. The term is typically used pejoratively.
Although salami slicing is often used to carry out illegal activities,
it is only a strategy for gaining an advantage over time by
accumulating it in small increments, so it can be used in legal ways as
well.
An example of salami slicing, also known as penny shaving, is the fraudulent practice of stealing money repeatedly in extremely small quantities, usually by taking advantage of rounding
to the nearest cent (or other monetary unit) in financial transactions.
It would be done by always rounding down, and putting the fractions of
a cent into another account. The idea is to make the change small
enough that any single transaction will go undetected
Salami slicing - Wikipedia
performed by clandestine means, that as an accumulated whole produces a
much larger action or result that would be difficult or unlawful to
perform all at once. The term is typically used pejoratively.
Although salami slicing is often used to carry out illegal activities,
it is only a strategy for gaining an advantage over time by
accumulating it in small increments, so it can be used in legal ways as
well.
An example of salami slicing, also known as penny shaving, is the fraudulent practice of stealing money repeatedly in extremely small quantities, usually by taking advantage of rounding
to the nearest cent (or other monetary unit) in financial transactions.
It would be done by always rounding down, and putting the fractions of
a cent into another account. The idea is to make the change small
enough that any single transaction will go undetected
Salami slicing - Wikipedia
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean.
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