collocation · formal
money laundering
UK/ˈmʌni ˈlɔːndərɪŋ/US/ˈmʌni ˈlɔndərɪŋ/MON·ey LAUN·der·ing
the process of hiding the origins of illegally obtained money to make it appear legal
Examples
“an international money laundering ring”
“banks are required to report suspicious transactions that may indicate money laundering”
“He was investigated for suspected money laundering.”
Band 8 sentence
“Investigators uncovered an elaborate money-laundering scheme that moved funds through shell companies and offshore accounts.”
Collocations
- international money laundering
- anti-money laundering regulations
Word family
Common mistakes
do money laundering→commit money laundering / launder money
money laundering crime→money laundering
Say it for a higher band
5steal money→6launder money→7+money laundering
Synonyms
hide illicit funds
Easily confused
tax evasion
“The company was accused of tax evasion, not money laundering.”
Related words
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In Crime & Law
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