1 definition by Alex the Bankster

Top Definition
Dividing a large amount of money into smaller sums to make money laundering easier.
(No joke man, I´ve been in the banking business for two years.)
The 1.500.000 Bucks of drug money were smurfed into batches of $50.000 each and declared as an automobile dealer´s cash flow.
by Alex the Bankster March 24, 2004

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from daily@urbandictionary.com. We'll never spam you.