What is skimming?

This term has several applications, but in general it means "taking away the best". In a financial context, it has several meanings: Cash register: Limiting the amount of cash in a cash register for security reasons. This may include regularly removing large amounts of money from the cash register and storing them safely or depositing them in a bank account.

Bank account: Transferring excess funds from a current account to, for example, a savings account in order to generate a higher return.

Tax fraud: A fraudulent practice in which a portion of the actual turnover is not reported to the tax authorities, as a result of which a portion of the income is treated as black money.

Economics: Marketing a new product at a high price, also known as 'cream skimming'.

This term is often used in various contexts within the financial world and can range from practical security measures to fraudulent activities.