money laundering

1. 1.

   concealing the source of illegally gotten money

   Broaderconcealment

Questions about money laundering

What does money laundering mean?

money laundering means "concealing the source of illegally gotten money".

Is money laundering a common word?

money laundering is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.