Standard Synonyms
Criminal activity involving the proceeds of crime.
Slang Synonyms
“Money laundering” can be referred to as “funny money
” “laundering
” “money magic
” “smurfing
” or ” structuring.”
Academic Synonyms
Financial crimes
Money laundering
Tax evasion
Asset forfeiture
Financial intelligence
White-collar crime
Corruption
Fraud
Embezzlement
Old English Synonyms
Olute
Abundance
Affluence
Currency
Filthy lucre
Hard cash
Legal tender
Money
Ops
Riches
Specie
Wealth
Wherewithal
Regional Synonyms
Industry-specific Synonyms
Nauaternity
Smurfing
Structuring
Layering
Kiting.
Antonyms
Meaning
The process of hiding or disguising the source of illegally obtained money.
Definition
The process of hiding the source of money that has been obtained through illegal activity. This is often done by moving the money through a series of banks or businesses so that it appears to have come from a legitimate source.
Example Sentences
1. She was convicted of money laundering and sent to prison.
2. The money laundering was performed through a series of offshore bank accounts.
3. The police are investigating a money laundering scheme involving several local businesses.
4. The company was fined for money laundering offences.
5. The court heard that the money laundering was carried out over a period of several years.