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What (who) is mis-selling - definition
WIKIMEDIA DISAMBIGUATION PAGE
Mis; Mis (disambiguation); MIS (disambiguation)
mis-selling
DEFINITION OF MISSELLING
Mis-selling
noun sell (something) to a customer for whom it is an inappropriate purchase.
Misselling
DEFINITION OF MISSELLING
Mis-selling
Misselling is the deliberate, reckless, or negligent sale of products or services in circumstances where the contract is either misrepresented, or the product or service is unsuitable for the customer's needs. For example, selling life insurance to someone who has no dependents is regarded as misselling.
Mis
·adj & ·adv Wrong; amiss.
Examples of use of mis-selling
1. No financial company will sell pensions to this group for fear of mis–selling.
2. He said: "These new personal accounts run the risk of mass Government pensions mis–selling.
3. He is spearheading Avalon‘s move into the money–spinning world of fighting endowment mis–selling claims.
4. The financial services and markets tribunal says the FSA failed to prove mis–selling was widespread.
5. Ministers have belatedly listened after insurance companies told them that SIPPs need to be regulated to avoid mis–selling.