The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BOUGHT-IN GOODS Definition & Legal Meaning

Definition & Citations:

In relation to diamond trading, blood diamond (also called a converted diamond, conflict diamond, hot diamond, or a war diamond) refers to a diamond mined in a war zone and sold to finance an insurgency, invading army’s war efforts, or a warlord’s activity.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.