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The word 冒牌货 is formed by combining the character 冒, meaning "to pretend" or "counterfeit", with 牌, meaning "brand" or "trademark", to create the compound 冒牌, meaning "counterfeit brand". This is then followed by 货, meaning "goods" or "product", to specify that it refers to counterfeit goods.

Word Definition - 冒牌货

mào pái huò fake goods; imitation; forgery