👉 In legal terminology, "shortchanging" refers to a situation where a person or business intentionally misrepresents information in order to deceive others. This can occur through various means such as falsifying documents, fabricating facts, or using false statements to manipulate situations for personal gain. A common scenario involving shortchanging is when a company sells a product at a lower price than it would have earned if sold at full market value due to marketing expenses or other factors. Alternatively, a person may intentionally misrepresent