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Definition of "Salami Technique" |
Salami technique involve the theft of small amounts of assets from a large number of sources without noticeably reducing the whole.In a banking system, the amount of interest to be credited to an account is rounded off. Instead of rounding off the number, that fraction of it is credited to a special account owned by the perpetrator.Typically this is used when sequential processing occurs and each account is processed with the fractions added to the special account. |
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