Investopedia

Continue to Site »

Innocent Purchaser For Value

Filed Under » ,
Dictionary Says

Definition of 'Innocent Purchaser For Value'

Someone who unknowingly purchases assets that have been involved in fraud. An innocent purchaser for value can exist in any number of situations, from the buying of real estate to the buyings of art. Because the purchaser lacked knowledge of the crime, he may have the legal right to keep the property. The recovery of such property by the original owner is subject to a statute of limitations.
Investopedia Says

Investopedia explains 'Innocent Purchaser For Value'

Innocent purchaser for value situations can be tricky, as there may be more than one party with an honest claim to the property (the original owner who was defrauded and the innocent purchaser for value), but the courts must ultimately assign the property to a single entity. How this situation is handled varies by case and jurisdiction.

Articles Of Interest

  1.

    Identity Theft: Who To Call For Help

    If your identity is stolen, it's critical to act fast. Find out what to do if it happens.

  2. Stop Scams In Their Tracks

    Find out how to protect yourself and your loved ones from financial fraudsters.

  3. Credit Scams To Watch Out For

    More than 30 million people were victims of fraud in 2007. Will you be next?

  4. Do You Dare Sue Your Broker?

    A financial damages claim is not for the fainthearted, but it may be worth it in the end.

  5. How To Identify A Micro-Cap Scam

    Discover how to distinguish a real investment opportunity from a fraudulent one.

  6. 5 Unethical Collection Scams That Consumers Should Be Aware Of

    Here are a few of the ways that scam artists prey on those in debt.

  7. The True Cost Of Pharmaceutical Scandals

    "Big Pharma" has faced many scandals. Here are some of the biggest and the fines that resulted.

  8. How To Spot Knockoff Labels And Fake Products

    Not every counterfeit item is as obvious as Adidos sneakers or Dolce & Banana handbags, so make sure you know these tips on how to tell fakes from the real deal.

  9. Beware These Disaster-Related Scams

    Con artists prey on the weak. Those who just survived a natural disaster can be easy targets.

  10. What To Do When You're Left Out Of A Will

    Discover the legal steps you can take if you are left out of a will and if fighting is worth the effort.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center