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LoginWhat is the meaning of Money Laundering in English
English Word Meanings Words Starting With M in English Word Meanings . 1 year ago
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Money Laundering Meaning In English
Money Laundering translation, meaning, definition, explanation and examples of relevant words and pictures - you can read here.
Other Languages:
Meaning
The term money laundering refers to the practice of making illegally obtained money look more legitimate via the use of various financial transactions and investments.
Example
Usually, this is done to hide the illegal sources of funds, such as those gained through drug trafficking, corruption, or fraud.
Sentence
By combining it with legitimate funds, the laundered money is then used to do things like buy property, finance businesses, or make investments.
Posted on 06 Jun 2023, this text provides information on English Word Meanings related to Words Starting With M in English Word Meanings. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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