Skimming

Skimming has several meanings:

• a very common form of tax evasion involves skimming cash off the top of the daily receipts of a business, converting "the take" to personal use, and thus not paying business or personal income taxes on it. A related crime involves cash-skimming by those handling it, not only to avoid tax, but to conceal it and steal it from one's partners or employers.
• in reading, skimming is a high speed reading process
• in surfing, skimboarding or skimming is hydroplaning in waves or on a thin layer of water covering a beach
• in credit card fraud, skimming is where the data in the card's magnetic strip is copied to a duplicate card without the card owner's knowledge.
• price skimming is a pricing strategy in which a marketer sets a relatively high price for a product or service at first, then lowers the price over time, "skimming the cream" of the market first.
• separating liquids floating on top of each other, like in a oil skimmer that separates oil from the water it floats on, or skimming cream from whole milk.
• a synonym for snowmobile skipping, or operating a snowmobile on open water
• another term for Stone skipping especially popular in the UK and Ireland