Definition - What does Piracy mean?

Piracy refers to the wrongful use of any recorded material—such as music, movies or software—that legally "belongs" to someone else, for profit.

Justipedia explains Piracy

The illicit use of intellectual property is not a violent crime; however, it takes a huge economic toll on the global industries that it affects. Some estimates put financial losses due to this type of piracy in the billions.

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