money laundering



Like this video? Subscribe to our free daily email and get a new idiom video every day!

money laundering

The criminal act or practice of processing large amounts of money obtained through illegitimate or illegal means, often in small increments through banks or other legitimate businesses, so as to conceal its source or origins. One of the clubs downtown was shut down last week on charges of suspected money laundering for a local criminal enterprise.
See also: launder, money

Common Names:

NameGenderPronouncedUsage
FrÉDÉRicfre-de-REEKFrench
MarikaMAH-ree-kah (Finnish)Czech, Slovak, Polish, Hungarian, Greek, Finnish, Estonian
JennieJEN-ee (English)English, Swedish
Diocles-Ancient Greek (Latinized)
MalachiMAL-ə-kie (English)Hebrew, English, Biblical, Biblical Latin
Mcmillan[mək'milən]