Definition of money laundering in English:

money laundering

Syllabification: mon·ey laun·der·ing

noun

  • The concealment of the origins of illegally obtained money, typically by means of transfers involving foreign banks or legitimate businesses: he was convicted of money laundering and tax evasion
    More example sentences
    • He had already been convicted of threatening a police officer and faced fraud and money laundering charges.
    • He's facing charges of conspiracy and money laundering.
    • The government has fined the bank billions of dollars for not reporting suspicious activity, including money laundering.

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Word of the day kerf
Pronunciation: kəːf
noun
a slit made by cutting with a saw