Definition of havala in English:

Share this entry

havala

Pronunciation: /hʌˈveɪlə/

noun

Indian
Another term for hawala. smugglers finance their purpose through havala [as modifier]: in such a regime the havala market would vanish
More example sentences
  • The fake bank draft case has allegedly turned out to be a case of a huge havala operation having international dimensions.
  • Apart from flaunting his riches, he was also fishing for new clients for his havala business.
  • Abid in his statement to the ED admitted that he had been dealing through havala channels for over a year now.

Origin

From Hindi havālā.

For editors and proofreaders

Line breaks: ha¦vala

Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.