SKIM OFF TOP Meaning and
Definition
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The phrase "skim off the top" is an idiomatic expression commonly used in finance and business contexts. It refers to the act of taking a portion of funds or profits from a larger sum or income stream without permission, typically for personal gain or unauthorized purposes. This practice is often considered unethical and dishonest.
The term is derived from the action of skimming milk, where the cream, which is the top layer, is removed from the rest of the liquid. In a similar manner, "skimming off the top" involves extracting a desirable component, such as money, from a larger pool.
The act of "skimming off the top" is associated with financial corruption, embezzlement, or other fraudulent practices. It is typically executed without the knowledge or approval of those affected, often carried out by individuals in positions of authority or with access to financial resources.
The consequences of "skimming off the top" can be severe, resulting in legal action, damaged reputations, and financial loss for organizations or individuals who fall victim to this misconduct. It is crucial for businesses and institutions to implement robust internal controls and oversight mechanisms to prevent such practices and ensure transparency and accountability in financial matters.
Common Misspellings for SKIM OFF TOP
- akim off top
- zkim off top
- xkim off top
- dkim off top
- ekim off top
- wkim off top
- sjim off top
- smim off top
- slim off top
- soim off top
- siim off top
- skum off top
- skjm off top
- skkm off top
- skom off top
- sk9m off top
- sk8m off top
- skin off top
- skik off top
- skij off top
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