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Definition of

money laundering


concealing illegal origins of money the process of making money obtained illegally appear legitimate by passing it through banks or businesses

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

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