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Home > QFINANCE Dictionary > Definition of laundering

Definition of

laundering

Fraud

concealing illegal origins of money the process of passing the profits of illegal activities such as tax evasion into the normal banking system via apparently legitimate businesses

Definitions of ’laundering’ and meaning of ’laundering’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’laundering’ and other financial terms with our online QFINANCE Financial Dictionary.

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