money laundering

Noun

Meaning

concealing the source of illegally gotten money

Source: WordNet

Synonyms

laundering money laundering concealing dirty money limited liability black money bad money dark money capital resources directive on money laundering dirty cash drug money aml cft anti money laundering launder money
Show all synonyms

Hypernyms

hiding concealment concealing

Examples

He called for House majority leader Tom DeLay to serve a "jail sentence" for corruption, when DeLay had not been convicted of any crimes [26] (though DeLay was indeed subsequently indicted and arrested on charges of criminal conspiracy and money laundering.) Howard Dean

We have never heard of laundering in Macau; money laundering is unheard of. Mind you, my casino, every bit of money - someone says Stanley Ho, you issue me a check of so much money - we don't give that easy. Stanley Ho

Our top targets are the people who tortured and killed Sergei Magnitsky. But our secondary targets are those people who profited from the crime that he was killed over or facilitated the money laundering for those people. Bill Browder

You get to a point where it gets very complex, where you have money laundering activities, drug related activities, and terrorist support activities converging at certain points and becoming one. Sibel Edmonds

Earlier this month, a Special Prevention of Money Laundering Act (PMLA) court in Mumbai had allowed a consortium of 15 banks led by State Bank of India to utilise the moveable assets of the former liquor baron. Source: Internet

The former PDP spokesperson was also accused of transacting with the sum of $2 million without going through a financial institution, in violation of a provision of the Money Laundering (Prohibition) Act. Source: Internet

Close letter words and terms

money in your hand money instrument money insufficiency money machine money makes the world go around money makes the world go round