Collusion Legal Meaning and Definition

Here is a simplified definition of the legal term Collusion.

Collusion (noun)

Collusion is a secret agreement or cooperation between two or more parties, usually with the intent to deceive or cheat a third party. This can take place in different scenarios such as when traders manipulate market conditions to raise prices, or when a couple agrees to mislead courts for a favorable divorce settlement. Collusion is typically deemed illegal due to its fraudulent nature.