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financial abuse

The illegal or improper use of another person's money, property or other things of value.

fy-NAN-shul uh-BYOOS noun

What it means

Also called financial exploitation. It is a common form of elder abuse and can also happen to adults with disabilities. Examples include stealing money, misusing a bank card, forcing someone to sign a will or deed, or a caregiver spending a client's money on themselves. The person doing it is often a family member or trusted caregiver.

For the nurse

Warning signs include unpaid bills or loss of utilities despite enough income, sudden changes to a will or bank account, missing belongings, and a caregiver who controls all money and will not let the client speak alone. Report suspected abuse as required by state law, often to Adult Protective Services.

At a glance

Also writtenfinancial exploitation

Related terms

caregiver

A person who looks after someone who needs help, such as a family member, friend or paid helper.

advocate

To speak up and act for a client's rights, safety and wishes; also, a person who does this.

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