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money laundering

Line breaks: money laun¦der|ing

Definition of money laundering in English:

noun

[mass 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.

Definition of money laundering in:

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