misredemption

[ mis-ri-demp-shuh n ]
/ ˌmɪs rɪˈdɛmp ʃən /

noun

illegal or fraudulent traffic in consumer product coupons, including mail theft and counterfeiting.

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Origin of misredemption

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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020