money laundering


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money laundering (uncountable)

  1. The act of engaging in transactions designed to obscure the origin of money, especially money that has been obtained illegally. [from early 20th c.]
    • 2016 September 25, Tim Carvell; Josh Gondelman; Dan Gurewitch; Jeff Maurer; Ben Silva; Will Tracy; Jill Twiss; Seena Vali; Julie Weiner, “Scandals”, in Last Week Tonight with John Oliver, season 3, episode 23, HBO, Warner Bros. Television:
      Shut up! Shut up! What is this charity⁉ You’re kids! You can’t fucking drive! What money laundering scheme are you operating!?