money laundering

(n.) The process of hiding the source of illegal income by processing it through a large-turnover entity, who takes a premium from it, and then receiving the income from that entity to avoid suspicion.

This definition has evolved to include any form of hiding income (or sources of income) in the interests of avoiding tax, although the problem posed by non-specific 'cover-all' statements means that it is open to loopholes because of the vast grey areas.

Money laundering has been practised for over 6000 years, but the term itself comes from the prohibition era of american history.

If a public limited company were to pay its director fees or dividends through purchasing toy cars worth £1 each for @ £50,000 each from a foreign company (and listing them as real cars) owned by the receiving directors/shareholders so they get their money with minor taxation, that would be covered by the extended definition of money laundering.

by the slut formerly known as your mother September 25, 2004

money-laundering

Where a clothes-washing-service employee intentionally adds a really muddy/greasy garment or towel to your merely-lightly-soiled laundry, causing the entire load to not get sufficiently cleaned when washed the first time, and therefore "obliging" the worker to throw said wash back into the machine for another full laundering-cycle, which of course you end up getting charged for, and thus the establishment dishonestly makes extra money that way.

I always do my own wash at a self-service laundromat... I don't trust "professional" outfits that do it for you --- too many money-laundering establishments out there!

by QuacksO August 22, 2018

money laundering

1. when a group of criminal makes money out of illegal arms sales, smuggling, organized crime, drug trafficking, prostitution rings, embezzlement, insider trading, bribery and computer fraud schemes hide how they make their money by disguising the sources, changing the form, or moving the funds to a place where they are less likely to attract attention.
2. when you wash your pants and there is still money inside them

Money laundering is done on a world scale

by PlayDohMan May 10, 2004

Martin Luthering

(Also: Martin Luthered) Verb. A sexual position where the woman is held against a door and penetrated vigorously. i.e. Nailing her to the door.

"Dude, I was totally Martin Luthering Jennifer last night."

by R & K December 26, 2007

skank laundering

(n.) Similar to the act of "money laundering" whereas the process consists of hiding money and also making more money through a sometimes concealed entity. Conversely, "skank laundering" is the process of hiding the source of skanking by processing it through another entity such as "hanging with the bros" or "working" and then continuously banging new filthy skanks while avoiding suspicion from significant others or fagot social media.

Tony: "So I been skanking down the shore in Belmar all summer bro, fuck that facebook shit, girls catch on and alert other skanks.

Paisan:"straight up skank laundering T"

by Who am I? Who the hell are u? January 10, 2014

Music Laundering

v: To download music from an illegal source (usually bittorrent) and whitewash it by performing an iTunes Match in the iCloud.

Pirate: "I totally just downloaded the Foo Fighters discography on bittorent today".

Friend: "Yea but aren't you worried you'll get sued?"

Pirate: "Nah yo- I'll just use Apple's music laundering service."

by everchanging1 November 23, 2011

money laundering

A criminal conduct, for which offender can get a sentence in pound me in the ass prison

If we get caught money laundering, we're not going to white collar resort prison. No, no, no. We're going to Federal pound me in the ass prison

by dildo777 September 20, 2018