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Laundering
LaunderingThe manipulation of money obtained in a wrongful manner, for example theft, so as to seem to have originated from a lawful source. RELATED TERMS-------------------------------------- Manipulation Dealing in a security to create a false appearance of active trading, in order to bring in more traders. Illegal. Money A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc. SIMILAR TERMS-------------------------------------- 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 To process illegally-obtained money through more than one bank, in order to conceal its origin. 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. PREVIOUS AND NEXT TERMS-------------------------------------- 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 To process illegally-obtained money through more than one bank, in order to conceal its origin. 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 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. Law of downward sloping demand Demand generally decreases when prices increase. Law of large numbers The mean of a random sample approaches the mean (expected value) of the population as sample size increases. We thank you for using the Financial Dictionary to search for Laundering. If you have a better definition for Laundering than the one presented here, please let us know by making use of the suggest a term option. This definition of Laundering may be disputed by other professionals. Our attempt is to provide easy definitions on Laundering and any other medical topic for the public at large.
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