Financial Dictionary

This dictionary contains:
24549
financial terms

Launder




Launder

To process illegally-obtained money through more than one bank, in order to conceal its origin.

RELATED TERMS
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Money
A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc.

Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.

Order
Instruction to a broker-dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified.



SIMILAR TERMS
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Launded money
Deposit of funds that is sent through numerous accounts, one after another, in an attempt to conceal the original source of the money.

Laundered money
Deposit of funds that is sent through numerous accounts, one after another, in an attempt to conceal the original source of the money.

Laundering
The manipulation of money obtained in a wrongful manner, for example theft, so as to seem to have originated from a lawful source.



PREVIOUS AND NEXT TERMS
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Late reported trade
A term used by the London Stock Exchange to denote that a trade was not reported in accordance with the Exchange's rules on trade reporting.

Late tape
A delay in the display of price changes on the tape of an exchange because of heavy trading.

Late trading
Late trading of mutual fund shares occurs when investors placing trades after 4 PM receive the 4 PM price.

Latent default
A potential default that may have always been present but unidentified.

Launded money
Deposit of funds that is sent through numerous accounts, one after another, in an attempt to conceal the original source of the money.

Launder

Laundered money
Deposit of funds that is sent through numerous accounts, one after another, in an attempt to conceal the original source of the money.

Laundering
The manipulation of money obtained in a wrongful manner, for example theft, so as to seem to have originated from a lawful source.

Law
The body of rules which is designed to ensure that the inhabitants of a Jurisdiction will live in harmony.  

Law of diminishing marginal utility
Additional units added to a consumer's stock of a commodity give progressively less satisfaction.

Law of diminishing returns
A decreasing amount of extra output is gained when extra units of a varying input are added to a fixed input.

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This dictionary contains 24549 terms.







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