Longman Dictionary of Contemporary English homepage

money laundering

 noun
     
money laundering [uncountable]
when money that has been obtained illegally is put into legal businesses or bank accounts in different countries, so that it is difficult for people to discover where it came from:
The country is a major centre for money laundering.
He will now face trial on money laundering charges.
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

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