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Definition of money laundering noun from the Oxford Advanced Learner's Dictionary

money laundering

noun
 
/ˈmʌni lɔːndərɪŋ/
 
/ˈmʌni lɔːndərɪŋ/
[uncountable]
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  1. the crime of moving money that has been obtained illegally into foreign bank accounts or legal businesses so that it is difficult for people to know where the money came from
    • He faces charges of drug dealing and money laundering.
    Topics Crime and punishmentc2
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