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Definition of havala noun from the Oxford Advanced Learner's Dictionary

havala

noun
 
/həˈvɑːlə/
 
/həˈvɑːlə/
(also hawala)
[uncountable]
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  1. (in Arab countries and South Asia) a traditional system of transferring money to a person in another country or area, which involves paying money to an agent who then tells another agent in the relevant place to pay that person

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