Money laundering is the crime of processing stolen money through a legitimate business or sending it abroad to a foreign bank, to hide the fact that the money was illegally obtained.
...the largest money-laundering scandal in history.
money laundering in British English
or money-laundering (ˈmʌnɪ ˈlɔːndərɪŋ)
noun
1.
the act or practice of concealing illegally obtained money
modifier
2.
of or relating to the act or practice of concealing illegally obtained money
the largest money-laundering scandal in history
Examples of 'money laundering' in a sentence
money laundering
Then I skipped him through Doug's account of the money laundering and he told me that it sounded right.
Wood, Ted SNOWJOB (2002)
In other languages
money laundering
British English: money laundering NOUN
Money laundering is the crime of processing stolen money through a legitimate business or sending it abroad to a foreign bank, to hide the fact that the money was illegally obtained.
...the largest money-laundering scandal in history.